Musings on Markets

MAY 5, 2023

In March 2023, the fall of Silicon Valley Bank shocked investors not only because it was unforeseen, but also because of the speed with which it unfolded. That failure has had a domino effect, with Signature Bank falling soon after, followed by Credit Suisse in April 2023 and by First Republic last week.

Banking 76

Banking Equity Start-ups Treasury 76

Reynolds Holding

SEPTEMBER 15, 2022

Treasury securities. The $24 trillion Treasury market—the deepest, most liquid market in the world—is the base upon which so much of our capital markets are built. Treasury markets are integral to how the Federal Reserve administers monetary policy. We are the issuer. Why are clearinghouses important?

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Treasury Marketability Banking 45

Reynolds Holding

MARCH 26, 2024

It has been a year since Silicon Valley Bank failed, and one of the major policy questions that emerged – what to do about deposit insurance? Banking is an industry that needs public confidence to function, and we have become accustomed to relying on confidence-inspiring deposit insurance as our primary bulwark against bank runs.

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Banking Start-ups Treasury Finance 59

Reynolds Holding

MARCH 12, 2024

In early February, several state and national banking trade associations filed suit in U.S. district court in Texas challenging the federal banking agencies’ first comprehensive updates to the regulations implementing the Community Reinvestment Act (CRA) in nearly three decades. Banking is a highly technical area.

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Banking Treasury Finance 59

Simply Treasury

AUGUST 3, 2022

Automated bank connectivity through a single secure channel has become essential to reduce costs, facilitate on-boarding by banks, secure transactions, speed up and automate reconciliations and reduce staff workload. A “Bank Single Gateway” is no longer a "plus", but a "must" that every fund servicer or fund should have.

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Banking Treasury 59

Brian DeChesare

JUNE 15, 2022

Yes, if you’re working at a large bank, it’s generally best to be in a “front office” (client-facing) role. First, note that these terms apply only to investment banks and related finance firms (private equity firms, hedge funds, etc.).

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Banking Treasury Start-ups Finance 94

Reynolds Holding

AUGUST 13, 2023

The Note follows a speech by Deputy Attorney General Lisa Monaco on March 2, 2023, announcing that NSD would start issuing joint advisories with the Commerce and Treasury Departments, similar to the guidance on the Foreign Corrupt Practices Act (“FCPA”) that the U.S. trade and economic sanctions, as well as the Bank Secrecy Act. [23]

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Treasury Compliance Banking 40

Simply Treasury

JUNE 15, 2020

It is quite legitimate to ask the question: "After such a huge financial crisis, what will become my treasury department?" Each treasurer must think how to "sell" how treasury could have done better and how to strengthen the structure in future. Treasury must provide more support to operations (e.g. Back to the office.

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Treasury Finance Banking 52

Reynolds Holding

JULY 30, 2023

Treasury Department and the Financial Crimes Enforcement Network (FinCEN) are in the midst of drafting regulations to implement the anti-money laundering (AML) whistleblower program. For example, the Department of Justice (DOJ) and its investigative partners now have expanded subpoena power.

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Treasury Compliance Banking 75

Mckinsey and Company

DECEMBER 15, 2022

Central bank digital currencies and stablecoins could reshape financial services. Treasury managers can play a central role in optimizing the related opportunities—and handling of the risks.

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Treasury Finance Banking 107

Reynolds Holding

APRIL 13, 2023

The sudden collapse of Silicon Valley Bank (SVB) surprised many investors and industry experts, given the bank’s recent accolades and long-standing reputation as one of the best national and regional banks in the U.S. [1] 1] Moreover, there had been no reported bank failures during the COVID-19 pandemic from 2020 to 2022.

Banking 75

Banking Equity Treasury Finance 75

Auto Dealer Valuation Insights

FEBRUARY 22, 2024

Treasury’s Financial Crimes Enforcement Network (“FinCEN”) proposed a rule to require investment advisors to comply with Bank Secrecy Act requirements, including implementing anti-money laundering (“AML”) controls and filing suspicious activity reports to FinCEN. Last week, the U.S.

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Treasury Banking 52

Reynolds Holding

MARCH 16, 2023

Non-bank financial intermediation (NFBI) – encompassing a broad range of capital sources, including broker-dealers, private funds, and open-end funds (OEFs) – is vital for the financing of the real economy, serving as a critical complement to the traditional banking sector. that may pose bank-like financial stability risks.” [7]

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Banking Treasury Marketability Finance 59

Benzinga

MARCH 5, 2024

Founded in 2001, SERIVA provides end-to-end treasury management software for financial institutions in Latin America. Its signature platform, Seriva.net, is an integrated software solution focused on the administration of treasury, investment, foreign exchange and financial derivatives products.

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Treasury Banking 45

Financial Times M&A

APRIL 6, 2023

Audit by Treasury department bureau includes $175mn Frank acquisition that prosecutors allege was tainted by fraud

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Treasury Banking 54

Global Finance

AUGUST 31, 2022

Mizuho Americas’ primary businesses are investment and corporate banking, lending, treasury services, and research and capital markets offerings.

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Treasury Banking Marketability 72

Reynolds Holding

SEPTEMBER 12, 2023

Such fires, though too many to name, have started from both the banking and nonbanking sectors. 38] I’d like to take a moment to elaborate on our work on Treasury markets, money market funds, and private funds. Treasury Markets The $25 trillion Treasury markets [39] are the base upon which so much of our capital markets are built.

Banking 40

Banking Treasury Marketability Equity 40

Harvard Corporate Governance

MARCH 15, 2024

Miles, Skadden, Arps, Slate, Meagher & Flom LLP, on Monday, March 11, 2024 Tags: Board of Directors , Campaign finance , committees , Congressional elections , Pay to play , Presidential elections , transitions Banking and Antitrust Posted by Saule Omarova (Cornell University and Yale University) and Graham Steele (U.S.

Banking 100

Banking Treasury Compliance Marketability 100

Reynolds Holding

JUNE 28, 2022

Dodd-Frank created a new financial regulatory landscape with intensified federal oversight and an extensive set of regulations on banks, such as stress tests and stricter capital, trading, loan, and mortgage underwriting standards (Acharya and Richardson, 2012; Richardson et al., billion for banks with more than $10 billion in assets.

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Banking Marketability Compliance Capital Structure 59

IVSC

JUNE 5, 2023

He entered Parliament at the 1987 General Election in Edinburgh Central and, following the 1997 General Election, he entered Cabinet as the Chief Secretary to the Treasury. She regularly advises governments and central banks in the US, UK, eurozone and Japan. Louis holds a Master in Economics from the LSE.

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Banking Treasury Marketability 130

Musings on Markets

JANUARY 30, 2023

The US treasury market, considered by some still as a safe haven, was anything but safe or a haven, especially at the long maturities, as long term rates soared, with inflation (not the Fed) being the key driver. Since inflation was 6.42% in 2022, the real return on a US 10-year treasury bond was -22.79%.

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Treasury Start-ups Risk Premium Equity 74

Chris Mercer

MAY 19, 2023

This post was originally written for Mercer Capital’s Family Business Director Blog and offered advice to family business directors based on my observations following the failure of Silicon Valley Bank on March 10, 2023. This failure was followed by Signature Bank on March 12, 2023, and First Republic Bank on May 1, 2023.

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Banking Treasury Start-ups Marketability 98

Reynolds Holding

MAY 16, 2024

has long benefitted from robust competition between nonbanks and banks in our $110-plus trillion capital markets. In fact, each of the registered funds and private funds sectors surpasses the size of the banking sector. This all compares to the $23 trillion banking sector. [4] 15] The entire commercial banking sector in the U.S.

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Treasury Banking Marketability Finance 45

Harvard Corporate Governance

NOVEMBER 11, 2022

Posted by Patrick Dennis (University of Virginia), Kristopher Gerardi (Federal Reserve Bank of Atlanta), and Carola Schenone (University of Virginia), on Monday, November 7, 2022. Posted by Amma Anaman, Helle Bank Jørgensen, and Chantal Wessels, Nasdaq, Inc., Griffin (Villanova University), Greg Nini (Drexel University), and David C.

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Compliance Banking Treasury Marketability 189

Simply Treasury

JUNE 3, 2021

Every year, EACT launches a treasury survey to identify top priorities for Corporates. Treasury top priorities. The 2021 EACT survey, as it has become a tradition, attempts early this year to determine what the treasury trends and priorities for multinational companies will be in the next 12 to 24 months.

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Treasury Technology Banking Finance 52

Reynolds Holding

FEBRUARY 26, 2024

Treasury, Financial Crimes Enforcement Network (“ FinCEN ”) proposed 1 (the “ Proposed Rule ”) to apply affirmative anti-money laundering and countering-the-financing-of-terrorism (“AML/CFT”) program obligations as prescribed by the Bank Secrecy Act (the “ BSA ”) to investment advisers. On February 13, the U.S.

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Venture Capital Fund Treasury Banking Finance 45

NYT M&A

MARCH 30, 2023

The JPMorgan chief executive led an effort to raise $30 billion for First Republic, but no one is sure if it did any good.

Banking 96

Banking Treasury Mergers & Acquisitions 96

Henry Horne

APRIL 5, 2022

In basic terms, the federal funds rate refers to the target rate that commercial banks borrow and lend their cash reserves overnight. The federal funds rate influences short-term treasury interest rates and indirectly affects everything from home and automobile loans to credit card rates. This month the Federal … Keep Reading.

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Treasury Banking EBITDA 52

Biz Equity

MARCH 2, 2023

In its January 2023 Global Economic Prospects report, the World Bank Group states that “The United States, the Euro area, and China are all undergoing a period of pronounced weakness, and the resulting spillovers are exacerbating other headwinds faced by emerging market and developing economies (EMDEs). treasuries.

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Treasury Marketability Banking 98

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.

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Risk-free Rate Treasury Price to Book Start-ups 84

Benzinga

NOVEMBER 9, 2022

RED BANK, N.J. NASDAQ: OCFC ) ("OceanFirst"), the holding company for OceanFirst Bank N.A., NASDAQ: OCFC ) ("OceanFirst"), the holding company for OceanFirst Bank N.A., 's subsidiary, OceanFirst Bank N.A., Partners Bancorp is the holding company for The Bank of Delmarva and Virginia Partners Bank.

Banking 40

Banking Treasury Finance Marketability 40

Benzinga

AUGUST 16, 2022

The acquisition of Mindbanque will allow SkySparc to further extend its existing range of financial and technical services to clients across banking, central banking, asset management and corporate treasury. While the two firms. Full story available on Benzinga.com.

Finance 40

Finance Treasury Banking Compliance 40

Reynolds Holding

APRIL 26, 2022

Fixed income markets, particularly government securities, money markets, and repurchase agreements (“repos”), are integral to how central banks around the globe administer monetary policy. The $23 trillion Treasury marketis the base upon which so much of our capital markets are built. Treasuries are how we, as the U.S.

Marketability 45

Marketability Treasury Banking Compliance 45

Reynolds Holding

MARCH 15, 2023

Treasury markets, money market funds, open-end funds, private funds, and clearinghouses. In today’s meeting, we’ll consider a number of such projects: related to cyber resiliency and updating our rules for systems compliance and integrity of some of the financial system’s key entities.

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Banking Marketability Finance Treasury 45

Reynolds Holding

FEBRUARY 13, 2024

Even if either factor is met, the final rules expressly exclude (1) any person that has or controls total assets of less than $50 million, (2) registered investment companies and (3) central banks, sovereign entities and certain international development banks. Notably, these factors and exclusions are non-exclusive.

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Treasury Marketability Compliance Banking 45

Benzinga

OCTOBER 19, 2023

("Banc of California") and their respective bank subsidiaries, Pacific Western Bank and Banc of California, N.A. and Pacific Western Bank. Pacific Western Bank is a relationship-based community bank focused on providing business banking and treasury management services to small, middle-market, and venture-backed businesses.

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Banking Treasury Equity Technology 40

Musings on Markets

MAY 6, 2022

There are three possible explanations for the divergence: Short term versus Long term : The consumer survey extracts an expectation of inflation in the near term, whereas the treasury markets are providing a longer term perspective, since I am using ten-year rates to derive the market-implied inflation.

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Risk Premium Treasury Start-ups Equity 92