CFO News Room

JANUARY 21, 2023

While we have increasingly given central banks primacy in discussions of interest rates, it remains my view that markets set rates, and while central banks can nudge market expectations, they cannot alter them.

Treasury 130

Treasury Currencies Numbers Marketing 130

Barry Ritholtz

MARCH 4, 2025

The transcript from this weeks, MiB: Melissa Smith, co-Head of Commercial Banking at JPMorgan , is below. Melissa Smith is co-head of commercial banking for JP Morgan. Previously she was co-head of the bank’s Innovation Economy Group. And just to define that middle market sort of means in, in the commercial banking, right?

Banking 52

Banking Mergers and Acquisitions (M&A) Marketing Manufacturing 52

Musings on Markets

JANUARY 27, 2022

While we have increasingly given central banks primacy in discussions of interest rates, it remains my view that markets set rates, and while central banks can nudge market expectations, they cannot alter them.

Treasury 99

Treasury Currencies Numbers Investments 99

Nerd's Eye View

APRIL 3, 2024

Notably, the work-from-home movement has resulted in a dramatic drop in office valuations that could lead to a whole host of issues, including lending constraints in the banking sector, which is already sitting on a mountain of unrealized losses on Treasuries and mortgages.

Economics 97

Economics Marketing Valuation Profit and Loss 97

Future CFO

SEPTEMBER 20, 2023

The World Payments Report 2023 draws on insights from two primary sources – the Global Large Businesses Survey 2023 and the Global Banking and Payments Executive Surveys and Interviews 2023, according to the firm. The survey questioned 355 senior executives of corporate treasury departments of large corporates, the firm added.

Cash Management 52

Cash Management Treasury Credit Risk Retail 52

PYMNTS

JULY 26, 2017

Treasury’s Office of the Comptroller of the Currency (OCC) has again released its report on top risks facing banks, with its Spring 2017 analysis warning FIs that threats are coming from all angles. The federal banking system is, and should be, a source of strength for the nation and its economy.

Banking 46

Banking Compliance Currencies Concentration 46

PYMNTS

MARCH 2, 2016

Last week, Ripple published a report outlining some of its boldest claims about the potential of distributed ledger technology, including that it could save banks money. We break down the company’s argument as presented in “ The Cost-Cutting Case for Banks: The ROI of Using Ripple and XRP for Global Interbank Settlements.”

Currencies 46

Currencies Treasury Foreign Exchange Compliance 46

Barry Ritholtz

OCTOBER 23, 2024

I’m assuming a mix of US Treasury bonds, munis, investment grade corporates, even high yielding. We have these in high yield as well for people who want to go out and add a little bit more income and credit risk to the portfolios. And we’ve got them now in treasuries, tips, munis investment grade and high yield.

Treasury 64

Treasury Investments Accounting Marketing 64

Trade Credit & Liquidity Management

APRIL 25, 2025

Trade credit is a major source of capital for businesses buying from other firms in the United States. Recently, banks have significantly tightened borrowing requirements. This has increased reliance, by both the seller and the buyer, on trade credit terms for the working capital needed to operate their businesses successfully.

Sales 52

Sales Profit and Loss Communication Credit Risk 52

Barry Ritholtz

AUGUST 15, 2023

The challenge is unlike the S&P 500, hedge funds sit in a box that has underlying credit risk from prime brokers. So the credit markets froze. So you go back a couple of years and you could say, “Well, what return is available buying a treasury?” SEIDES: No, you’re right about the securities.

Investments 52

Investments Benchmarking Marketing Treasury 52

Global Finance

MAY 6, 2025

The country winners for Best Banks in the Middle East region continue to aggressively implement a broad range of initiatives to elevate and modernize their respective franchises. Many banks have achieved first-to-market success with newly launched products and services. It is our winner for Best Bank in the Middle East.

Banking 52

Banking Cash Management Finance Leverage 52

Barry Ritholtz

AUGUST 29, 2023

And you had to take on significant duration risk and credit risk just to earn a couple percentage points. And I’ve had people stop me, even at Vanguard, in the hallway and say, “Wow, I didn’t realize that I’ve been leaving this much money on the table by keeping a sizable amount of deposits at my bank.”

Investments 52

Investments Benchmarking Valuation Construction 52

Future CFO

DECEMBER 18, 2020

Central banks are also pushing their supervised entities to go digital and prepare for their requirements and rewards. In the Philippines, the race on who can implement the best digital strategies and increase the use of digital banking among its clients and customers are on. No one was talking or worrying about NPL and reserves.

Marketing 52

Marketing Profit and Loss Credit Risk Finance 52

Barry Ritholtz

SEPTEMBER 26, 2023

And then very soon after, you know, bear Stearns fails, Lehman Brothers fails, the cracks were massive and there were so much for selling from the trading desks at the banks. And we, we feel that a lot of phone calls, I think the most nervous we became was when the banks started failing. That had mismatched assets.

Investments 52

Investments Banking Economics Marketing 52

Barry Ritholtz

DECEMBER 20, 2022

To lead the bank’s efforts in investing in sovereign debt restructurings and to bring our clients along was a great experience. KOENIGSBERGER: — you know, when I got to Merrill in 1995, and you looked at the trade blotter of who you were trading with, it was basically banks trading with each other. KOENIGSBERGER: Yeah.

Restructuring 64

Restructuring Investments Marketing Banking 64

Barry Ritholtz

FEBRUARY 13, 2023

In fact, I was going to be a strategist, financial analyst to work for a bank and write research reports. And the ability to say, gosh, you know, there’s a lot of stuff in fixed income, that for a variety of reasons, central bank owns it, a pension fund owns it, insurance companies own it. RIEDER: Right. It has no value.

Mergers and Acquisitions (M&A) 59

Mergers and Acquisitions (M&A) Marketing Investments Education 59

Barry Ritholtz

MARCH 12, 2024

And up until that moment in time, we didn’t spend a lot of time on credit risk in mortgages. We didn’t really have to model credit risk because that was, that risk was taken by the agencies. But in these private labels, you had the, the market was taking the credit risk.

Profit and Loss 59

Profit and Loss Investments Marketing Securities 59

Barry Ritholtz

JULY 22, 2024

So let’s talk a little bit about your experience at the US Treasury Department. He just put ads in the paper and, and the role was for a bank examiner, so on the regulatory side with the Office of Thrift Supervision. And they end up being very successful in those fields. I’m dating myself, but that’s when, right.

Credit Risk 59

Credit Risk Treasury Investments Marketing 59

Barry Ritholtz

JUNE 3, 2024

And what I hear from a lot of people is, and I’ll hear it from the credit team significantly at the firm yield buyer, there’s a yield buyer, there’s a yield buyer, and there’s a threshold of yields. Well, if you only care about yield, just go buy treasuries. You have to get compensated for each risk.

Math 59

Math Marketing Treasury Valuation 59