Industry roundup 25 January
by Graham Buck
Russia renews crypto crackdown; Software supply chain attacks rise; BNP Paribas and Apollo form supply chain unit; Moss to use funding for expansion
Interest rate
Industry roundup: 20 January
by Graham Buck
US$700m green bond funds Abi Dhabi solar; UK hosts Africa Investment Conference; BoA pontificates on “Britcoin”; Deutsche Bank warns on tech stocks
Curtain falls on the LIBOR era
by Graham Buck
After 35 years, the London Interbank Offered Rate is disappearing for new derivatives and loans
Data silos, scalable reporting and increased complexity lead regulatory challenges
by Ben Poole
A Clear Path survey of COOs finds regulatory reporting challenges exacerbated by COVID-19, Brexit, new ESG requirements, and increased M&A activity.
Tapering? Maybe this year, maybe not
by Ben Poole
A Moody's Analytics report looks at when the Fed might start to taper off some of its bond purchases instigated by the impact of COVID-19.
Singapore sees first USD SOFR-linked export financing transaction
by Ben Poole
DBS completed the US$25m transaction with global agri-business Bunge.
Singapore’s IBOR replacement breaks new ground
by Ben Poole
DBS and Standard Chartered have executed Singapore’s first SORA-referenced interbank option trade to help a corporate mitigate market risk.
End of LIBOR timeline clarified
by Ben Poole
The FCA has provided guidance to cessation for all currency settings, giving certainty to banks and corporates on when the reference rate will cease.
Market outlook 2021: Vaccinating against valuations
by Ben Poole
Research from Standard Chartered suggests most major equity markets should deliver strong returns in the new year.
One way to migrate from LIBOR
by Jack Large
First electronic SOFR vs Fed Funds Compression Trade executed via Bloomberg SEF
Northern Trust market forecast calls for 2.6% global growth
by Ben Poole
The firm's Capital Market Assumptions Five-Year Outlook predicts rates and inflation to remain low, stock returns in the 3.8-8.2% range.
CFOs and treasurers facing business confidence and interest rate pressures
by Ben Poole
Releases from both Deloitte and Bloomberg highlight the impact the crisis is having on corporates.
How negative rates can jeopardize your IR hedge program
by Jack Large
Hedge Trackers reveal their key derivative hedging practices to survive the negative/low rates environment
U.S. Bank Q&A reveals a ‘glass half full’ investment outlook
by Ben Poole
Despite a variety of disruptive global economic issues in 2020, investors may have reason to accentuate the positives.
LIBOR transition in 2020: Act now!
by Ben Poole
The Bank of England has joined with other regulators to issue a call to action.
Is ‘monetary magic’ dead?
by Ben Poole
How far has central bank power waned since the global financial crisis?
Global growth predicted to decelerate, but no risk of recession in the short term
by Ben Poole
Santander Wealth Management estimates show global growth of 3%, as long as current geopolitical uncertainties are clarified.
Deutsche Bank completes trades in new benchmarks
by Ben Poole
The trades, linked to SOFR, €STR and SONIA, are part of the move away from IBOR benchmarks.
The NO-REGRETS methodology for transitioning from IBORS
by Jack Large
ING Bank’s four step approach for ensuring a risk free transition
GTreasury white paper highlights LIBOR replacement impacts on corporates
by Ben Poole
The paper gives advice on how corporates can respond to the disruption the move away from LIBOR will cause.
Deutsche Bank research paper tackles the history and future of debt
by Ben Poole
The report suggests debt, inflation, nominal GDP, yields, and central bank balance sheets could all be set to increase.
Scope Ratings says ECB deposit-rate tiering no panacea for bank profitability
by Ben Poole
A report from the ratings agency highlights the impact that rate reductions are having on European financial institutions.
ISDA publishes preliminary LIBOR consultation results
by Ben Poole
Prospect of a pre-cessation trigger related to non-representativeness for derivatives proves divisive.
Rate cut by US Fed leaves Trump unimpressed
by Ben Poole
The cut of 25 basis points to US interest rates had the President reaching for his phone.