Government Guarantees and the Quest for Safe Counterparties and Assets
By Joseph Neu
With a vast array of government guarantees supporting financial institutions’ debt and deposits, and certain non-financials, the world over, treasurers must now rethink counterparty risk.
How Fair Value is Beating Political Pressure
By Joseph Neu
Anyone hoping for a reprieve of fair value accounting before year-end will be disappointed.
Peer Insight: LATMPG Summer 2008 Meeting
LATMPG members convened in June amid a looming global financial crisis to discuss four major themes: 1) Regional Outlook and Grupo Santander Introduction; 2) Update on Brazil and Venezuela; 3) SwiftNet Update; and 4) Cash-Flow Forecasting.
Something New For The Cash Portfolio
There’s a new security on the block and guess what--it’s “perfectly safe”--and pays something over Treasuries.
FASB Aid For Year-End: Impairments
At an evening meeting in December, the FASB decided it will seek comments on two proposals intended, according to a release from PwC, to make immediate improvements to the financial reporting of financial instruments in 2008 financial statements.
Op Risk Treasurers Can Live With
Prior to the latest round of government support for Citi, global cash managers were asking themselves what they would do if Citi or another major global transaction bank ceased its operations.
Crisis Calls Offer Peer Insights on Counterparty Risk Mitigation
By Anne Friberg
Recent conference calls with members of several NeuGroup peer groups have focused on taking counterparty risk management to the next level.
Dealing with Rating Agencies Anew
By Joseph Neu
Based on recent discussions with treasurers in the tech sector, where managing ratings is still relatively new, there is irony in their continued relevance.