Financial Risk

Investors are increasingly accepting negative yields again as they adjust to a market environment rife with worry about global growth.

Steps small to midsize companies, or even large businesses dipping their toes into cross-border commerce, should take to more effectively manage currency risk.

Designed to support cross-border payments, JPM Coin will be a direct competitor to Ripple's XRP, but with a stable value pegged to the U.S. dollar.

The bank believes JPM Coin “can yield significant benefits by reducing clients' counterparty and settlement risk, decreasing capital requirements, and enabling instant value transfer.”

FOMC's statement yesterday indicates the bank will be “patient” in determining whether to continue raising interest rates later this year.

After monetary policy messages whipsawed global financial markets over the past month, effective communication will be key in Powell's remarks this week.

This year's winners light the way toward more effective, and efficient, management of currency and credit risk.

Congratulations to Microsoft, winner of the 2018 Alexander Hamilton Gold Award in Financial Risk Management!