Last month, Chatham Financial released a benchmarking report on the state of financial risk management among U.S.-based businesses. Chatham studied the Securities and Exchange Commission (SEC) filings of more than 1,000 public companies with annual revenues between $500 million and $20 billion, excluding financial services and insurance companies, to determine how many of these organizations incur currency, commodity, and interest rate risks, and how they mitigate those risks.
Direct impact is limited; critics' concerns focus on China's reaction and whether this move portends broader protectionist actions in the future.
First, the London interbank offered rate (commonly known as Libor) is going up. And second, the dollar’s been going down. Until mid-October, the…
Businesses want Congress to repeal the Cadillac tax, but the price tag may be too steep.
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Follow these 4 steps to help protect profit and avoid currency related losses while doing business across borders.
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