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Articles tagged by Corporates

Post-Brexit Uncertainty Dominates Markets Continued market uncertainty following the UK’s vote to leave the European Union vote has led to a flight to safe haven currencies and raised questions about the future of financial regulation, although corporates appear to be coping well with ...
Asian Corporates Cite FX as Biggest Financial Risk Concern Asian corporates and CFOs cited FX risk as the financial risk that they are most concerned about, according to a new survey from Thomson Reuters and Asset Benchmark Research. In the report accompanying the research results, it notes that as ...
Sustained GBP Fall May Pressure UK Corporate Ratings… The depreciation of sterling since the Brexit vote could increase pressure on UK corporate ratings, with UK retailers and airlines particularly exposed, says ratings agency, Fitch. Although Fitch says that the falling value of the pound is unlikely to spur ...
And Finally... One line in the midweek column tweaked some interest among the readership, my mention of the “juniorisation” of the sales role in the banking world. I must confess I hadn’t thought about it too much, it has very much ...
UK SMEs Unprepared for Impact of Brexit on FX Costs UK small- and medium-sized businesses (SMEs) remain exposed and unprepared for the economic impact of the Brexit vote on their FX costs, according to a survey by EarthportFX, a cross border payment network. Despite the fact that 77% of survey respondents acknowledged the need to change their approach towards foreign exchange hedging in the face of highly volatile currency markets and the depreciation of the pound following the UK's decision in June to leave the EU, 80% admit they have made no changes to their hedging strategies.
How Technology is Shaping Regional FX Banks Svante Hedin, global head of electronic markets at SEB Merchant Bank, explains to Galen Stops, deputy editor of Profit & Loss, how technology is changing the role of the regional banks. Hedin says that the evolution of the regional or super-regional banks is being driven by a number of factors, one of which is technology. “It’s an enabler for some of the banks that at some point were dominant players in their particular currencies and then as the years have gone past they have perhaps under-invested and not quite kept up with the overall progress of technology and effectively get swallowed up by some of the larger guys,” he says.