Matthew Tevis, 30-year banking veteran, named to lead Chatham’s Financial Institutions business
- April 13, 2021
At the beginning of April, Chatham Financial named Matthew Tevis the Managing Partner and Global Head of Financial Institutions.
Matt joined Chatham in 2016 and has over 30 years of experience working for and with financial institutions — learning the industry from the inside out. Beginning as a corporate banker at a regional bank, Matt has served clients throughout his career, transitioning into capital markets and then becoming a hedging advisor. Matt has helped many financial institutions manage their rate risks, expand their product offerings, and grow their businesses. He succeeds Andrew Little, who soon will be retiring after a five-year tenure leading the financial institutions team.
“We’re fortunate that our next Financial Institutions leader was already an integral part of the team. Matt has been a tremendous asset to our organization and is a leader of the highest caliber and character,” said Clark Maxwell, Chatham’s CEO. “I know Matt will continue to bring integrity, transparency, and accountability to every interaction he has with clients, partners, and teammates.”
As Matt assumes his new role, he will continue to help bring derivative solutions to Main Street and impact the capital markets and local communities that Chatham serves. Matt’s leadership continues the team’s focus on expanding their hedging advisory business with regional and community banks and credit unions, deepening existing client relationships with valuable insights and best-in-class support, and leveraging Chatham’s proven technology platform to provide innovative solutions and an unparalleled client experience.
“I am humbled and excited to lead such a talented financial institutions team that will continue to provide our clients with the deep resources and end-to-end support of our global risk management platform,” said Tevis.
Our featured insights
ARRC formally recommends SOFR Term Rates
In a busy week filled with corporate earnings releases, high-profile economic data updates, and the latest FOMC monetary policy meeting, the major U.S. equity indices and long-term Treasury yields drifted lower to end the month.
Equities shake off virus jitters; ARRC talks Term SOFR
Despite a sharp selloff to start the week, the three major U.S. equity indices recovered to finish the week higher, each setting new all-time highs, as market participants focused on a strong start to the corporate earnings season and shrugged off mostly weaker-than-expected economic data and renewed fears of the COVID-19 delta variant.
Inflation readings top expectations
The major U.S. equity indices moved lower for the week, snapping a three-week winning streak, as investors turned their attention to a slew of economic data updates and Federal Reserve Chair Powell’s semi-annual testimonies before Congress.
Eri Panoti details how the FASB's recent rule proposal would benefit financial institutions
Eri Panoti spoke to Bloomberg Tax about how the FASB's new rule proposal could make financial institutions' interest rate risk management easier by expanding common accounting techniques that qualify for hedge accounting.
Regulators voice support for SOFR
Despite the recent rise in COVID-19 cases linked to the delta variant and weaker-than-expected economic data, the major U.S. equity indices extended their run last week, setting new all-time highs, while long-term Treasury yields continued their drift lower, falling to multi-month lows.
June payroll report tops expectations
The major U.S. equity indices continued their march higher last week with the S&P 500 and Nasdaq Composite Indices ending the week at all-time highs as generally favorable economic data outweighed concerns of a new surge of COVID-19 delta variant cases in the U.S.
Increase lending capacity
Many financial institutions have excess liquidity due to the global pandemic and resulting economic stimulus. Management can deploy this liquidity into new loan originations or the investment portfolio. Although bond returns are better than cash, a more attractive return may be provided from mortgage loans.
Considering derivatives for smoothing earnings and managing interest rate risk
As financial institutions continue to search for opportunities for more earnings in this low-rate environment, it is important to consider the value of adding derivatives to your strategy. Ben Lewis discussed this and more with C. Myers in a recent podcast.