Treasurers need to limber up for Libor reform

Treasurers need to limber up for Libor reform

June 25, 2019
By PAUL GOLDEN

Benchmark reform may have received a lukewarm welcome from corporates, but treasurers would be well advised to quantify their Libor exposures to avoid nasty surprises during the transition to alternative overnight risk-free rates.

Securitization could close the trade finance gap

Securitization could close the trade finance gap

June 20, 2019
By KANIKA SAIGAL

Trade finance is gaining momentum as a securitized asset class – the resultant increased liquidity may offer corporates access to trade finance much more easily and quickly, especially as digital solutions streamline the process.

Lost in translation: Has a comment on pigs cost UBS a bond deal?

Lost in translation: Has a comment on pigs cost UBS a bond deal?

June 17, 2019
By CHRIS WRIGHT

A UBS economist made an innocuous comment about swine flu in China, and five days later a belief among Chinese speakers that he used a racist term has led to him being suspended, UBS apologizing and it disappearing from a key Chinese bond mandate.

Analysts sound warnings on South Korea’s risks

Analysts sound warnings on South Korea’s risks

June 14, 2019
By JEREMY WELTMAN

Economic deterioration and foreign-policy obstacles present tough political challenges for the president and DPK ahead of legislative elections next year – and require utmost vigilance from investors.

FX: It's co-location, but not as we know it

FX: It's co-location, but not as we know it

June 10, 2019
By PAUL GOLDEN

Space constraints in data centres, coupled with cost considerations, have encouraged firms to seek creative solutions to the challenge of getting access to the main liquidity hubs.

FX: Corporate hedging goes forwards – and backwards

FX: Corporate hedging goes forwards – and backwards

May 17, 2019
By PAUL GOLDEN

While all the conditions for increased corporate enthusiasm for foreign exchange hedging appear to be in place, uneven demand suggests lack of consensus on how best to manage currency volatility.