Citi still #1 for FX, but only just - Euromoney survey
by Kylene Casanova
While FX markets undergo significant technological change, the top five FX banks remain remarkably unchanged, according to Euromoney's 39th annual FX survey
Risk Management
Background
Risk is the potential that a chosen action, including the choice of inaction, will lead to a loss or an undesirable outcome. Any business carries some risk, but some are much more risky than others.…
Read moreShould value creation be key focus in risk management?
by Kylene Casanova
Ninety per cent of corporate directors think value creation should be a key focus of risk management, according to a Deloitte survey on corporate attitudes to risk
Can ETFs improve your currency hedging strategy?
by Kylene Casanova
As the exchange-traded fund industry grows, it's gaining interest from corporate treasurers attracted by lower fees, an alternative short-term investment and daily hedging possibilities
What is the FX Global Code and how will it affect treasury?
by Kylene Casanova
The complete FX global code and its adherence mechanisms are due to be released this month – so how will the new code affect corporate treasurers?
EMIR reforms could make derivatives simpler and more efficient for corporates
by Kylene Casanova
The European Commission has proposed a set of measures to ease the reporting burden and simplify regulatory requirements for companies that participate in the EU's derivatives market
TriOptima launches triCalculate MVA service as part of its XVA analytics suite
by Kylene Casanova
Corporates can accurately price their whole portfolios and new OTC derivative trade offers
5 most volatile currencies – and FX impact on corporate earnings dips in Q4 2016
by Kylene Casanova
The latest report from FireApps suggests fewer companies have reported negative currency impacts in Q4 2016, compared to the last quarters of 2015 and 2014
Could Dodd-Frank reforms lead to big bank break-ups?
by Kylene Casanova
The bill to reform the Dodd-Frank Act gives Democrats an opportunity to push for a Glass-Steagall-style separation of Wall St banks
China’s small steps towards renminbi reform
by Kylene Casanova
The People’s Bank of China (PBoC) deputy governor Yi Gang has said that the renminbi will become a free-floating currency – but only when China thinks markets are right
3 things to get right to improve your FX risk management
by Kylene Casanova
Hedging strategies are central to managing FX risk but the uncertainty of global politics, together with the move to automated systems and changes in banking relationships have shifted the goal posts
Treasury priorities for 2017: forecasting, risk and benchmarking bank service fees
by Kylene Casanova
Treasury Strategies has surveyed 450 corporate treasurers on their priorities for 2017. Cash flow forecasting and financial/FX risk management remain at the top of the treasury agenda
ESMA advises Commission on fees for trade repositories
by Kylene Casanova
The European Securities and Markets Authority has published its final technical advice on supervisory fees for trade repositories, aiming to create a level playing field
IASB proposes minor amendments to IFRS 9 to aid implementation
by Kylene Casanova
The International Accounting Standards Board has proposed minor amendments to IFRS 9, which will replace IAS 39 Financial Instruments from January 2018
US treasurers urged to revisit interest-rate hedging strategies
by Kylene Casanova
As the US economy enters an interest-rate tightening cycle, a guide published by the AFP advises treasurers to revisit their rate hedging strategy
North America business outlook positive, challenges ahead for Europe
by Kylene Casanova
Reports show increasing confidence in G7 economies and among CFOs in North America, while in Europe, the financial system faces risks and a lack of liquidity in securities/derivatives markets
“‘Too big to fail’ has been solved” – but regulatory reform needed
by Kylene Casanova
EU disintegration, anti-globalisation, US financial regulation and addressing 'too big to fail' – these were some of the key financial risks highlighted in a letter by JPMorgan's Jamie Dimon
Trade policy is major concern for global executives
by Kylene Casanova
In a global survey of economic conditions in March 2017, McKinsey found that executives are more bullish about the global economy now than they were in 2016
Nine key risks for EU banks
by Kylene Casanova
Non-performing loans, volatile market risk, IT outsourcing and cyber attacks as well as political uncertainty and the low interest-rate environment are some of the high or medium risks face by EU banks
Brexit is still the top risk for UK CFOs
by Kylene Casanova
Brexit still tops the list of risks perceived by CFOs in the UK although, overall, optimism has reached an 18-month high as the level of perceived negative impact from Brexit decreases slightly
77% of EU firms to reduce UK capacity as result of Brexit - UBS
by Kylene Casanova
Uncertainty related to the UK's exit from the European Union, together with the uncertainty of the new US administration's policies, are the main political risk factors perceived by Eurozone corporates
The 5 ‘don’ts’ of FX risk management
by Kylene Casanova
Managing foreign currency risk is one of the top challenges for corporate treasurers at multinational organisations but what are some of the mistakes companies often make in FX hedging?
EY launches risk management tools based on SAP software
by Kylene Casanova
EY has launched a Cloud-based risk management platform that can be used by companies already running SAP's enterprise resource planning (ERP) application
Basel Committee tackles risk in shadow banking system
by Kylene Casanova
The Basel Committee on Banking Supervision has launched a consultative document to strengthen the shadow banking system and mitigate systemic risks
To buy or to build? Key questions on choosing a fraud management tool
by Kylene Casanova
A report by Kount looks at the pros and cons of buying compared to building a fraud prevention system, concluding that there are instances where companies can benefit by building components in-house