Market Update: Strategies for Volatile Markets Q1 2020

As a completely independent firm, Chatham partners with clients to implement integrated solutions, tailoring our focus on advisory and technology in order to meet the needs and goals of your financial institution now and into the future.

After December 31, 2021 the Financial Conduct Authority (FCA) will no longer compel banks to submit rates for the calculation of LIBOR, which may lead to a permanent cessation of this benchmark.

Learn about the hedge accounting considerations and impacts for loan deferrals as it relates to the COVID-19 pandemic.

Despite faltering stimulus bill negotiations, rising COVID-19 cases in the U.S. and Europe, and troubling COVID-19 vaccine developments, the major U.S. equity indices marched higher for the third consecutive week.

Challenged by having excess liquidity and fewer loan opportunities, financial institutions need to utilize all available tools to be competitive and determine how best to meet their customers’ needs while also managing their own rate risk in this historically low-rate environment.

The major U.S. equity indices moved higher for a second consecutive week as hopes for a breakthrough in stimulus package negotiations, positive COVID-19 treatment developments, and better-than-expected economic data improved investor sentiment despite rising COVID-19 cases in the U.S. and Europe.

The CEO of a community bank who actively uses a correspondent bank hedging program contacted Chatham and was looking to analyze pricing. They wanted better visibility into the economics of a $6.8M transaction the bank had recently executed.

A $2.8B community bank in the Midwest wanted to provide their commercial borrower with long-term fixed rate funding through a swap program with a correspondent bank. The correspondent bank denied their request due to a disagreement over loan-to-value proceeds.