This article will cover three key hurdles that companies face when crafting and maintaining currency hedging programs: Data, Design, and Accounting.
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Translation Frustration Tackling FX Earnings Risk
Volatile FX markets have taken a toll on many companies’ earnings performance.
Fed, Congress provide stimulus
Global equities plummeted again last week as fears of a prolonged economic slowdown as a result of the COVID-19 virus took center stage and outweighed significant monetary policy changes.
Hedging and COVID-19: 3 key considerations
hedging and COVID-19: How can your company address its financial risk management program in light of these unprecedented times?
Coronavirus impacts on future debt issuances
Driven by the Coronavirus, U.S. Treasury rates reached all-time lows. Treasurers can take advantage by swapping floating rate debt to fixed and hedging future debt issuances out as far as two years.
Analysis of hedging practices finds U.S. companies vulnerable to interest rate and currency risks
New accounting standards and evolving geo-political climate present opportunities to bridge the gap between risk exposure and hedging practices
ASC 848: Successfully maintain hedge accounting beyond LIBOR
If your organization has London InterBank Offered Rate (LIBOR)-based contracts, the phaseout of LIBOR (i.e., reference rate reform) may impact your existing hedges and hedging relationships.
Hedging in today's flat-to-inverted yield curve environment
Today's flat-to-inverted yield curve represents an opportune time for companies with floating interest rate risk to lock in a level of certainty at a favorable rate.
More companies are opting for hedge accounting
Amol Dhargalkar discusses Chatham Financial's benchmark study report, which showed that early adopters of the new hedge accounting standard drove an uptick in the use of hedge accounting.
Semi-Annual Market Update
In this installment of Chatham’s semi-annual market update webinar series, we will examine current market conditions, drivers, and indicators, as well as communications from the Fed . . .
LIBOR Transition Update
After December 31, 2021 the Financial Conduct Authority (“FCA”) will no longer compel banks to submit rates for the calculation of LIBOR, which may lead to a permanent cessation of this benchmark.
Five things savvy treasurers will be doing in 2020
In 2020 savvy corporate treasurers will be concerned with evaluating capital structure and interest rate risk, navigating the LIBOR transition, and developing operational efficiencies.
ChathamDirect - 2019 Product Updates
In 2019, ChathamDirect significantly advanced its platform, streamlining the way users manage their exposures, hedging policies, execution, valuations, and hedge accounting.
Libor Transition Expected to Accelerate in 2020
Matt Hoffman discusses how clearinghouse actions will be key in the move to SOFR.
Post-Brexit considerations for treasury and finance
Amol Dhargalkar's article in AFP Exchange provides an update on Brexit and and its impacts to treasury teams and financial risk management programs.
Dollar Strengthening: Impacts for U.S. Corporations
With looming Brexit uncertainty, GDP growth slowdowns in major European economies, and slower exports from most Asian economies, the U.S. Dollar has strengthened broadly across most global currencies.
Chatham Financial wins Hedging Adviser of the Year at the Risk Awards
Chatham Financial accepted the inaugural Hedging Adviser of the Year award at the 2020 Risk Awards. This new award recognizes excellence in providing independent advice to derivatives users.
Strategic opportunities under the revised hedge accounting standard
The new hedge accounting guidance expands the strategies that qualify for hedge accounting and introduces new opportunities for companies to mitigate earnings volatility.
Hedging in an Inverted Yield Curve Environment
Today’s inverted yield curve creates a unique situation for companies considering whether to hedge their floating rate debt.
Novel Coronavirus rattles markets
U.S. equities decreased for the week as fears stemming from a novel coronavirus outbreak in Wuhan, China dominated headlines and overshadowed the beginning of fourth-quarter corporate earnings season.
Is FX Hedging Right for Your Corporation? 5 Questions Your Board Wants Answered
To better prepare the treasury team, this article offers key questions frequently asked by Boards when they are evaluating whether to implement an FX hedging program.
U.S. companies advised to prepare for multiple benchmark rates in transition from LIBOR