Lending Markets: Laissez les bons temps roulez… and for how long….?
Most of our corporate clients know that the markets for credit have been gaining strength since 2010. As we turned the corner to 2014 the market was very borrower-friendly, but as we look ahead to 2015 there are some clouds on the horizon that are primarily regulatory and have more to do with bank capital […]
Forecast for Regulatory Weather
The weather forecast for the foreseeable future is for increasing regulation and an attendant chill on bank lending is, in our view, and outcome that is beginning to play out. This chilling effect is evident as we turn the corner on a year (2014) that has seen a very borrower-friendly market. Yet, in each transaction, […]
Winifred Pinet to speak at NEOTMA Idea Exchange
Winifred Pinet to speak at NEOTMA Idea Exchange, Cleveland Ohio, September 9, 2013. Her talk will be entitled: A Bird in the Hand: Negotiating Strategies for today, and Taking Control of Working Capital.
The Changing Regulatory Environment: What You Need to Know
Global regulations are having a significant effect on banking organizations. Regulations such as Basel III, the Dodd Frank Act, Liikanen and others are requiring higher capital and liquidity at banks and, in some cases, changing the nature and scope of financial services businesses. Key aspects to be aware of in working with banking financial providers: […]
So Let’s Get Specific: Impacts for Borrowers of the Ongoing Eurozone Crisis
Beginning in late 2011 and continuing into 2012, we are observing more and more difficulty for our US-based multinational clients rounding up funding flexibility. This stems from two main issues: Eurozone financial institutions have significant difficulty committing to dollar-based funding One effect of the foregoing: US-based financial institutions rationing currency funding capability in order to […]
Winifred Pinet speaks at NEOTMA Idea Exchange
Winifred Pinet spoke at the Northeast Ohio Treasury Management Association Idea Exchange in September. Her topic, Navigating the Credit Markets and Forecast for Regulatory Weather, provided an update on trends in the capital markets and the outlook for borrowers given continuing pressure from regulators on financial institutions worldwide.
Marcia Banks Speaking at Moody’s Analytics Conference
Marcia Banks will be speaking at Moody’s Analytics Conference on October 15-18 in Chicago. The Moody’s Analytics Annual Risk Practitioner Conference brings together industry experts and leading risks practitioners from banks, insurance companies, asset managers and corporations across the globe for presentations and discussions on risk management best practices, hot topics and emerging trends. The dynamic […]
Stormy Seas: Forecast for Regulatory Weather
Capital is as capital does. That seems to be an emerging wisdom as we approach the 4-year anniversary of the Lehman bankruptcy. That, and the knowledge that regulation, ever-changing, will yet be constant in its presence with us, and with IT the regulators. So, let’s parse it out: capital is perceived to be positive as […]
Neither a Borrower Nor a Lender Be
Neither a borrower nor a lender be; For loan oft loses both itself and friend, And borrowing dulls the edge of husbandry. This above all: to thine own self be true, And it must follow, as the night the day, Thou canst not then be false to any man. Shakespeare, Hamlet, I,iii Well might these […]
International Confusion, Round 2
In May 2010 we attended a conference at which, on the second day, people stood around a TV screen and watched riots in the streets of Athens as the government considered austerity measures to address the potential for a debt default. This January, we watched the same scenes, this time from perspectives that find instability […]