Europe will continue to drive markets in 2012.
FASB and the IASB are slowly refining the standard, but will it hit bank capital?
How to ease the chaos and confusion that these new tax laws will bring.
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Despite bailouts and fears of a European Lehman weighing on the euro—and even speculation of euro exits or outright collapse—there has been no rush to hedge.
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Much like a pendulum, management trends tend to swing back and forth.
FASB’s proposed new accounting guidance on financial instruments is out for comment.
Members at the 2010 pilot meeting of the E&C Treasurers' Peer Group February discussed such themes as 1) The Importance of BRIC Support; 2) Counterparty Risk Management; 3) Capital Markets; 4) FX Exposure; and 5) Long-term economic outlook.
Multiple risk impacts in succession can end a firm, so ERM programs should flag them.
On May 31, the US House of Representatives passed its latest extender’s Bill, the American Jobs and Closing Tax Loopholes Act, which true to its name extends unemployment benefits and certain jobs stimulating tax provisions.
Continuing in its strategy to consolidate and create a dominant position itself in the treasury management system market, Wall Street Systems announced the purchase of City Financials on June 2.
Global transactions are a swirl of numbers and data bouncing between banks and companies and vendors.
It’s often true in these high-tech times that people over-equip for most tasks.
The month of May saw the least amount of bonds sold by corporates in a decade, after a period of repeated records set for issuance.
No more leaning on reserves.
Bank reserves nearly exhausted; can't be used to boost profits. (WSJ)
Opposition split on Volcker Rule.
Signs of split among Volcker Rule's foes. (Reuters)
It's the opposition, stupid.
Geithner says Dodd-Frank opponents Add to uncertainty in financial markets. (Bloomberg)
World hates Volcker Rule.
Volcker Rule stirs up opposition overseas. (NYT/Dealbook)
Need better DFA impact study.
Exiting watchdog sees flaws in SEC's rulewriting. (Reuters)
Volcker casualty.
Citi to close prop trading desk. (NYT/DealBook)
Rules put banks on heels.
Banks warn rule change will hurt recovery. (FT)
Everything's OK.
Paper predicts the coming resolution of the European crisis. (Vox)
EU warns on Volcker.
EU Volcker Rule could discourage banks from trading European sovereign bonds. (WSJ)
It's complicated.
Trying to define the Volcker Rule is tough. (Politico)
Volker Rule changes must wait.
Congressman says Volcker Rule changes in congress will have to wait. (Bloomberg)
Bleak outlook for banks.
Banks face a perfect storm that is getting worse. (FT)
Obama plan to pay for refis.
Obama pushes proposal to streamline refinancing for homeowners. (Bloomberg)
Volckerization will hurt liquidity.
Securitized debt more at risk from Volcker Rule. (Bloomberg)
FINRA, SEC to get closer.
FINRA chief sees closer ties with SEC. (Reuters)
Germany, France for easier Basel III.
France and Germany are to call for a relaxation of global bank capital rules. (FT)
Leave MMFs alone.
Big business to SEC: Lay off money funds. (Investment)
Volcker Rule hurts options.
NYSE Executive: Volcker Rule poses threat to options markets. (WSJ)
Banks' Europe exposure hazy.
Picture incomplete on US bank exposure to Europe. (Reuters)
Moody's to cut banks.
Moody's warns it will likely cut big bank ratings. (Reuters)
Crossborder Pooling: Notional vs. ZBA
Part 2: Structural & Tax Considerations for Pooling
Checklist: What You Should Know About ISDAs
[Dys]Functional Currency Choices
Sending Out a SAS 70
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