Financial Risk

Instead of sliding into recession, the U.S. economy has powered ahead, even as growth stalls overseas. Investors are responding by shifting funds to the U.S. dollar.

Understanding and controlling corporate exposure to banks and other external organizations must be a dynamic endeavor.

Congratulations to Microsoft, Morgan Stanley, and Paychex!

China, Thailand, Hong Kong, and the UAE are collaborating to develop mBridge, a multi-CBDC bridge, that promises cross-border settlement in seconds rather than days.

Congratulations to Morgan Stanley on winning the 2023 Silver Alexander Hamilton Award in Risk Management!

The firm envisions the PYUSD, which is pegged to the U.S. dollar, becoming "a part of the overall payments infrastructure."

The benchmark will have its last fixing at around 6:55 a.m. New York time on Friday, and some borrowers and lenders are still scrambling to amend contracts.

In Q4/2022, global FX markets were costly for North American companies, but less so than in Q3/2022.