PYMNTS

MARCH 26, 2019

Globalization and easing barriers to international expansion aren’t simply changing the way corporates manage foreign exchange exposure. What all of these challenges mean is that even when an organization decides to implement a foreign exchange management strategy, unexpected problems can still arise.

Foreign Exchange 69

Foreign Exchange Currencies Cash Management Profit and Loss 69

PYMNTS

JANUARY 30, 2019

The New York Department of Financial Services (DFS) announced it has fined Standard Chartered $40 million for attempting to rig transactions in foreign exchange (FX) markets between 2007 and 2013. Vullo in a press release.

Foreign Exchange 51

Foreign Exchange Profit and Loss Compliance Auditing 51

PYMNTS

JUNE 27, 2018

Exposure to the risks of endless shifts of foreign exchange (FX) rates keeps executives on their toes: Deloitte recently found FX volatility to be the most common concern among surveyed corporate treasurers. However, foreign exchange risk mitigation goes beyond hedging, said Mark Frey, COO at Cambridge Global Payments.

Currencies 53

Currencies Foreign Exchange Risk Management Profit and Loss 53

PYMNTS

APRIL 6, 2016

When B2B payments firm Saxo Payments released a new whitepaper outlining the troubles of cross-border payments for corporates, the company was gearing up for its latest release: a real-time foreign exchange trading platform, integrated into its Banking Circle portal.

Foreign Exchange 40

Foreign Exchange Profit and Loss Currencies Treasury 40

PYMNTS

AUGUST 29, 2018

As Bloomberg put it, the “decline followed weak retail sales data earlier in the week and brings the Swedish currency’s losses this year to more than 8 percent against the euro.” Such lows were last seen in 2009. Rate Decision. The country’s central bank is scheduled to make a decision about interest rates on Sept.

Currencies 46

Currencies Foreign Exchange Profit and Loss Banking 46

PYMNTS

APRIL 24, 2018

While the small business customers of FairFX propelled the company to post its first-ever profit, corporate customers of Opus and UBS reported more muted figures on dampened corporate lending amid higher market volatility. Most notably, the company posted its first-ever profit, landing more than $319,000 in pretax profit compared to a $1.95

Profit and Loss 40

Profit and Loss Foreign Exchange Corporate Finance Banking 40

VCFO

DECEMBER 10, 2021

What does that do to your profitability? Many companies run with less than a 10% profit to start with. A “relative devaluation” occurs when the foreign exchange value of one currency drops against the exchange value of other currencies. You can do your own math on what this will mean to you.

Currencies 55

Currencies Profit and Loss Foreign Exchange Math 55

Creative CFP

OCTOBER 2, 2020

When you pay the foreign supplier or receive money from a foreign client, Xero calculates the foreign exchange profit and loss and posts the journals automatically. There is an automatic link to XE.com , so multi-currency transactions are converted automatically to your reporting currency.

Accounting 52

Accounting Finance Cash Flow Forecasting General Ledger 52

Barry Ritholtz

AUGUST 16, 2022

And so, you know, it was relatively, I wouldn’t say straightforward because I don’t think generating consistent profits has ever been something that’s so straightforward or so easy. And it’s always going to expect to lose some of those profits when the trend reverses, but still end up capturing the meat of the trend.

Profit and Loss 117

Profit and Loss Foreign Exchange Valuation Investments 117

CFO News Room

JANUARY 8, 2023

and which ones to include (cash acquisitions, foreign exchange gains or losses etc.). That can explain why a firm with moderate or even below-average profitability can use debt to fund large dividends and buybacks, and to the extent that the firm is borrowing too much, it can dig a hole for itself.

Valuation 130

Valuation Profit and Loss Forecasting Investments 130

Musings on Markets

OCTOBER 25, 2022

and which ones to include (cash acquisitions, foreign exchange gains or losses etc.) That can explain why a firm with moderate or even below-average profitability can use debt to fund large dividends and buybacks, and to the extent that the firm is borrowing too much, it can dig a hole for itself.

Valuation 92

Valuation Profit and Loss Forecasting Investments 92

Barry Ritholtz

JUNE 27, 2023

And at that point, foreign exchange and futures and derivatives were just starting. ” RITHOLTZ: So people also should realize, for those of you who’ve never traded futures, it’s not like options where essentially you could put up your losses in advance and all they could do is go to zero.

Math 56

Math Risk Management Profit and Loss Marketing 56

Barry Ritholtz

FEBRUARY 20, 2024

But, but, you know, we, I focused mostly on fixed income and foreign exchange. 00:07:47 [Speaker Changed] So, so after, you know, more than 20 years at Goldman, you joined the New York Fed in 2007, overseeing domestic and foreign exchange trading operations, 2007, that, that’s some timing.

Treasury 56

Treasury Marketing Economics Banking 56