Corporates
Aviva chooses collared options to hedge balance sheet
Tom Moore, head of group treasury management at Aviva, talks about the challenges of managing currency risk while meeting capital requirements, and outlines the firm's hedging strategies
Corporates reluctant to add single-dealer platform connections
New electronic execution platforms for corporate clients face a challenge to win new business, with many firms preferring to minimise the single-dealer platforms they connect with
Corporate FX sales head exits Credit Suisse for Deutsche
Bryan Morales will join Deutsche Bank in New York in September, reporting to Dean Bellissimo
Corporates remain lukewarm on offshore RMB, despite reported growth
Data released from Swift this week suggests international trade settlement in RMB continues to grow, but corporates aren't so sure
Bank e-FX initiative of the year: Deutsche Bank
Deutsche scoops two awards, one for its revamped AutobahnFX platform, launched last year, and another for its ACT platform for corporates trading FX
BNP Paribas releases corporate trading platform
Bank's digital strategy combines tailored solutions for specific client types with an 'app store' model
Corporate cash seeks new home as money-market reforms loom
New regulation on both sides of the Atlantic threatens to make money-market funds less attractive for corporate treasurers. Banks are hoping this cash will flood into fixed-term deposits instead, helping them meet incoming liquidity ratios, but they’re…
Nilsson replaces Devo as Lloyds' head of corporate FX sales
Citi's Anders Nilsson joins Lloyds in London to fill role vacated by Colin Devo
Citi aims to strengthen grip on corporates with platform upgrade
Latest version of CitiFX Pulse seeks to offer corporate clients better FX exposure management
Volkswagen Brazil chooses FXGO to manage currency risk
German car-maker's Brazilian subsidiary plans to employ Bloomberg's FXGO across South America to manage global currency exposure
Depositors will trust EU guarantee despite Cyprus, says BdF official
Policy-makers have incentive to accelerate deposit guarantee plans, says Sylvie Matherat of the Banque de France
Corporates await final Dodd-Frank details as deadline approaches
As Dodd-Frank deadlines loom for corporate derivatives users, treasury desks with sophisticated FX hedging programs should be steadily adapting compliance systems. But with regulatory energy focused on swap dealers, corporates are still waiting for…
Corporate sales head exits Citi
Head of FX sales to UK corporates has left Citi in London after 14 years with the bank
HSBC echoes call for greater official focus on offshore RMB
The FX market's fixation on the crises in the West has led participants to miss out on opportunities in offshore renminbi, and governments should give greater support to the currency’s development, HSBC believes
Aussie strength causes problems for corporates after commodities fall
Australian mining companies have historically relied on the correlation between the Aussie dollar and commodity prices as a natural hedge for their AUD exposures, but a recent dislocation has made that hedge less reliable
FX Week Europe: Corporates go back to basics in tough market conditions
Regulatory change and the increasing costs arising from credit risk mitigation measures on the sell side are a growing concern, according to four corporate treasurers that spoke at the FX Week Europe conference
Integrate to accumulate
Increased volatility, lower availability of credit and emerging market expansion is accelerating the integration of cash management and FX, says Laurence Neville
FX Week Asia: Exemptions offer little solace for corporates
Corporate treasurers remain concerned about increased hedging costs as a result of new regulation, and expect banks to pass the costs on – despite exemptions for corporate hedging
Spotlight on: Rick Martin, Virgin Media
Corporate treasurers have become increasingly vocal in lobbying for exemption from certain elements of over-the-counter derivatives reform. Kathy Alys speaks to Rick Martin, director of investor relations and treasury at Virgin Media, about how his job…
Esma exemption provides corporate relief
Corporates relieved at Esma clearing exemption, but express concern about uncertainty over uncleared derivatives
Spotlight on: Douglas Pelton, Lufthansa
Douglas Pelton, treasury manager in the liquidity and risk management division at Lufthansa, talks about the German airline's currency exposures and the evolution of the e-FX business
Corporate treasurers plan for euro break-up
The Association of Corporate Treasurers is advising its members to review their processes and contracts to make sure they are prepared for a euro breakup. Many are taking the association's advice, reports Chiara Albanese
Spotlight on: Sven Carlsson, Ericsson Group
The head of markets at Ericsson talks to Joel Clark about the change in the telecommunications group’s treasury function and FX hedging strategy over the past 17 years, as well as his views on new regulation
Fears over regulation raised by treasurers at ACT conference
Corporate treasurers complain about the unintended consequences of the proposed financial transaction tax, as well as clearing rules for OTC derivatives and Basel III capital rules