Corporates
Credit where it's due
IFRS 9 sweeps away centuries-old accounting conventions; banks look to frontload capital hit
Treasurers highlight unintended consequences of regulation
Corporate treasurers complain about the unintended consequences of the proposed financial transaction tax, as well as clearing rules for OTC derivatives
Corporate backlash on costs of regulation continues
Banks will not be able to avoid passing on the hefty costs of regulatory reform to their buy-side clients, argued participants at the ACI UK’s annual square mile debate
Prepare for further black swan events in FX, corporates told
Corporate treasurers should make sure their forex counterparties are properly prepared for the possibility of further black swan events in the foreign exchange markets, senior Lloyds banker tells ACT conference delegates in Manchester
Corporate profile: Containing risk at China’s CSCL
Containing risk
Deutsche-Ille ruling changes sales practices for German dealers
Accentuate the negative
Asia readies for new hedge accounting rules
Brought to account
Increase in corporate hedging boosts derivatives industry in Asia
Banks in the Asia-Pacific region have benefited from a more active year in derivatives, as corporates seek to hedge their currency and interest rates exposures following a slowdown during the financial crisis
Small Asian companies exposed to commodity derivatives margin calls
Meeting the calls
Nuclear risks cloud Japan's economic outlook
The nuclear question
China plans onshore renminbi cross-currency swap
Chinese corporates will now have access to onshore and offshore hedging markets
Satellite risk
Ready for launch
Hedging strategies critical in Asia M&A
Risky strategies
Asia Risk 15: Sandip Biswas, Tata Steel
Tata Steel has managed risks on multiple fronts during its transformation from an Indian company into a multinational corporation over the past 15 years. Adopting a proactive but prudent approach to using derivatives has helped achieve this growth. Rahul…
Lufthansa wary of OTC regulations
Corporates across the globe have lobbied to ensure end-users are not subjected to new clearing requirements for derivatives. For Lufthansa’s treasury department in Frankfurt, ensuring it is able to continue to hedge its foreign exchange and interest rate…
Plane sailing for EADS
Jean-Baptiste Pons, head of corporate finance and treasury at EADS, talks to Alexander Campbell
Risk corporate survey 2010
Price is still the most important factor for corporates when choosing which dealer to trade with. However, a wide divergence in pricing among banks means transparency is now a key issue. By Matt Cameron, with additional research by Alexander Campbell,…
Negative carry presents corporate hedging conundrum
Steep interest rate yield curves cause corporate treasurers to focus on the cost of carry.
The hedge costs explosion
High volatility in foreign exchange markets over the past year has forced many corporates to reassess their hedge books. A number of banks have increased their advisory services to help companies conduct an in-depth analysis of their exposures as a…
Corporate concessions
Corporates have argued initiatives to introduce over-the-counter derivatives regulation in the US and Europe will severely hamper their ability to hedge. After an intensive lobbying effort, the politicians appear to be listening. Matt Cameron reports