July 2009 6 Min Read
A New Dimension to FX Dealing by François Masquelier, Head of Corporate Finance and Treasury, RTL Group, and Honorary Chairman EACT Banks are seriously contemplating credit-adjusting the prices they quote on FX derivative transactions. The credit parameter to be...
July 2009 6 Min Read
A Treasurers’ Dilemma – How to manage economic and accounting impacts of hedging and funding activities by Jonathan Chesebrough, Head of Risk & Accounting Advisory at RBS Global Banking and Markets and Colin McKee, Risk & Accounting Advisory, RBS Global...
July 2009 11 Min Read
United We Stand, Divided We Fall: Risk mitigation and financial relationships in the supply chain by Transaction Banking, Standard Chartered Bank The current economic conditions have obviously precipitated many shifts in financial and commercial behaviour, with some of...
July 2009 7 Min Read
Correlation between Credit Ratings and Default Frequencies Diane Vazza, a Managing Director at Standard & Poor’s Ratings Services, discusses the findings of the rating agency’s latest Annual Global Corporate Default Study and Rating Transitions. The...
July 2009 6 Min Read
Cash Management in a Credit Crisis: A case study by Helen Sanders, Editor Every treasurer has been forced to review how they manage their cash and liquidity since the crisis first struck. In this case study, we use a real-life example of a global insurance company and...
July 2009 3 Min Read
Operational Efficiency with SWIFT at World First by Jabu Henson, Chief Operating Officer, World First World First is the UK’s fastest growing foreign exchange broker, offering private individuals and companies excellent service and highly competitive foreign...
June 2009 3 Min Read
Strength through Integration by Pierre Ferzstand, Global Head of Cash Management, BNP Paribas On 12th May 2009, BNP Paribas completed the acquisition of Fortis Bank, becoming the number one bank in Europe for deposits and comprehensive European coverage. Following...
June 2009 10 Min Read
Doing Well by Doing Good by Helen Sanders, Editor While the environmental message can still be heard, it has been drowned by the cacophony of economic laments. Statements of corporate social responsibility (CSR) still appear in the annual reports expressing great deeds...
June 2009 5 Min Read
Fair Valuation Takes Centre Stage by Jiro Okochi, Chief Executive Officer, Reval How the world has changed since our first Hedge Accounting Guide of 2008. According to many pundits and bank lobbyists, fair value accounting rules under FAS 157 stood near the epicentre...
June 2009 10 Min Read
Although overshadowed by the financial tumult of recent months, there is little doubt that with the new White House administration will come significant changes in both the US stance on climate change internationally and in Federal legislation. Energy and climate...
June 2009 6 Min Read
Managing Financial Risk during Market Turbulence An Interview with Wayne Read, Partner, Financial Risk Management, KPMG What risk management and hedge accounting issues do you see CFOs and treasurers facing in the current climate? In Australia, as in many other parts...
June 2009 7 Min Read
Enhancing Receivables for Improved Business Performance by Mohammad-Ali Faruqi, Receivables Product Manager, EMEA, Citi Since the start of the financial crisis, working capital management has become a dominant theme for corporate treasurers. In a constrained credit...
