Home / Risk

Risk

Corporate Feud Breaks Out over Tax

General Electric Co. is girding for a showdown with Wal-Mart Stores Inc. over a proposed U.S. tax on imports, setting up a battle across industries that could be one of the most fractious in recent corporate history. GE, Dow Chemical Co., Eli Lilly & Co. and about 20 other companies joined …

Read More »

Banks seek to pry open CCP black boxes

The market moves – and attendant margin calls – that followed the UK’s shock vote to leave the EU last June will live long in the memory for banks and buy-side firms in the derivatives markets. Clearing members claim a lack of transparency from clearing houses contributed to the funding …

Read More »

BEPS: What You Need to Know Now

This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, click the “Reprints” link at the top of any article. BEPS actions were finalized about a year ago. Multinational treasury teams should observe the anniversary by analyzing the actions’ …

Read More »

Brexit Law Passes First Test

U.K. Prime Minister Theresa May faces a battle with pro-European lawmakers in her Conservative Party after they grudgingly backed her plan to trigger Brexit negotiations by the end of March in its first test in Parliament. The House of Commons Wednesday approved by 498 votes to 114 allowing May to …

Read More »

Border Tax Could Lead to Global Carnage

Whether or not a border tax proposed by Republican congressional leaders helps U.S. President Donald Trump pay for his Mexico border wall, it would have a radical impact on global trade patterns. Deutsche Bank AG economists Robin Winkler and George Saravelos have calculated the amount of trade with the U.S. that …

Read More »

Currency Tensions Worsen

World leaders aren’t taking Donald Trump’s trade barbs lying down. After the U.S. president said Germany and Japan are gaming foreign-exchange markets to win favorable trade terms, Japanese Prime Minister Shinzo Abe joined German Chancellor Angela Merkel on Tuesday in pushing back and leading a global counter-charge to the accusations. “A …

Read More »

Swaps Collateral Rules Risk Splintering Market

Global regulators’ plans for a coordinated start next month to swap-collateral rules are breaking down, with countries taking different approaches to the deadline and traders in the $544 trillion industry scrambling to get ready. The European Union plans to stick to the March 1 start date, and regulators have little …

Read More »

Strategies to Reduce Workplace Violence

Once upon a time, employees who were dissatisfied with how management treated them might respond by organizing, filing a grievance, or suing. If they were really frustrated, they might refuse to sign the warning notice or performance appraisal form that was presented to them in protest. Nowadays it is not …

Read More »

Crowd trouble: the FRTB's war on basis risk

Flexibility is the foundation of the market-making business. A dealer’s ability to hedge single-stock positions with indexes, Eonia with Euribor, or a nine-and-a-half-year-swap with a 10-year swap, is how it manages risk while making money. But under new trading book capital rules, this flexibility comes with an increased cost – …

Read More »

Top 10 Global Business Risks

This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, click the “Reprints” link at the top of any article. The Allianz Risk Barometer shows business interruption and cyber incidents are major concerns for businesses this year. Companies worldwide …

Read More »