Swaps on a Blind Date? Three Questions for Community Banks

LinkedIn Pulse: Swaps on a Blind Date? Three Questions for Community Banks
By Bob Newman
April 7, 2016

As community banks look for ways to differentiate themselves from their larger counterparts, which of the following advantages would be least likely to help win over a local client when competing for business:

Read More...

Final US OTC Margin Requirements for Derivatives that are Not Centrally Cleared

Executive Summary

On October 22, 2015, U.S. prudential regulators published final and interim final margin rules governing swaps that are not centrally cleared (the “PR margin rule”) and on December 16, 2015, the Commodity Futures Trading Commission published its corresponding final margin rules (the “CFTC margin rule” and together with the PR


Read More...

Dealer algos strike back in swaps market showdown

Dealer algos strike back in swaps market showdown
By Robert Mackenzie Smith
February 24, 2016

“There was a period of time when some dealers were notably slower in responding to RFQs on Sefs, and that could result in a dealer not responding fast enough for us to even see a price on that


Read More...

Why Swaps May Save Banks’ Bacon When Rates Rise

American Banker: Why Swaps May Save Banks’ Bacon When Rates Rise
By Bob Newman
November 19, 2015

“In a Nov. 6 article for American Banker, John Heltman provided a comprehensive overview of the challenges banks will face when the Federal Open Market Committee finally raises short-term interest rates. In this article,


Read More...

FI Bulletin: Swap Spreads: Negative Spread Analysis

Swap Spreads: Negative Spread Analysis
November 2015

In this FI Bulletin, we will touch on the factors that are commonly said to be the drivers of swap spreads, the factors that may have changed these dynamics in the recent past, as well as some of the potential implications for risk management strategies in


Read More...

Derivsource: Smoothing the Road to Reconciliation

Smoothing the Road to Reconciliation
August 25, 2015, DerivSource
By Christina Norland
Christina Norland – Director of Global Regulatory Solutions at Chatham Financial discusses the thornier issues of portfolio reconciliation and how both parties can share the burden.

Download Complete Article


Read More...

Depreciating, Depegging, and De-Hedging

What a few weeks we’ve just lived through in the financial markets, with no shortage of turbulence, turmoil, and downright tribulation across the world. The S&P 500 tumbled more than one hundred points last week, a dubious distinction it had not achieved since the grim days of October 2008 – as of this writing,


Read More...

USD Swaps: Rotation out of risky assets

USD Swaps: Rotation out of risky assets
By Ying Luthra
August 21, 2015

“Looking at the world post Volcker rule implementation, Luke Zubrod, Director of Risk and Regulatory Advisory at Chatham Financial, senses “the changes over the Volcker Rule have been happening over a period of time.” One big implication and change in


Read More...

PrecisionLender Podcast: Interest Rate Swaps

Interest Rate Swaps
Interview with Chatham’s Bob Newman
July 20, 2015

…”To help us tackle that, I’ve brought in the big guns. I’m joined today by Bob Newman with Chatham Financial. Bob is the Managing Director for Chatham’s financial institutions business, and one of THE go-to experts for banks looking to


Read More...

Kludgy Swap Market Still Safer than Pre-Crisis

iTreasurer: Kludgy Swap Market Still Safer than Pre-Crisis
By John Hintze, iTreasurer
May 15, 2015

“The consensus among Advisory Committee participants was that several factors have led to fewer FCMs, with new regulations playing a significant role. Luke Zubrod, director of risk and regulatory advisory at Chatham Financial, noted during the session that


Read More...