The bank has published the first ever online compounded Sonia calculator to facilitate Libor transition efforts. Created in response to comments made by the Bank of England, the calculator marks a positive step forward in the shift away from interbank offered rates
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Thomas has worked for a variety of media outlets, including Kashmir Observer, La Vanguardia, and Hürriyet Daily News. He joined IFLR in 2019 and his long report "The Accumulative Impact of Post-Crisis Regulation" was the first journalistic attempt to survey the impact of post-2008 reforms on financial markets. He is currently focused on Brexit, Mifid II, market structure issues, and sustainable finance.