Market Update: Banking in Uncertain Times – March 13, 2018 March 13, 2018 | 2PM EDT / 11AM PDT | 1 hour | Online | by Chatham Financial In today’s competitive lending environment, banks need to find ways to differentiate themselves from their peers to attract and serve the needs of their customers. As the interest rate environment begins to shift away from an extended period of low rates and as customers look for the best terms, understanding how changing economic factors affect lending strategies is key to success. This webinar provides bankers, relationship managers, and lenders critical insights they need to better serve their customers and succeed in today’s marketplace. In this webinar, we will explore these important issues: – Timely discussion about the current interest rate environment – Using swap-based strategies to win business from your competitors –…

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How Will Tax Reform Impact Financial Institutions’ Investment Portfolios? January 2018 With the President signing off on the Tax Cuts and Jobs Act on December 22nd, 2017 (effective January 1st, 2018), financial institutions (FIs) must determine how the changes will affect the business as a whole, as well as the outlook for their investment portfolios. The implications of the tax overhaul are widespread, and conducting a thorough analysis of your current investment portfolio is important to ensure that your firm is properly positioned. This bulletin will provide you with an overview of some of the key changes made by the legislation, and the effect these changes may have on your fixed income portfolio. Download This Bulletin

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FI Market Update: The Uncertainty Principle February 14, 2017 | 2PM EST | 1/2 hour | Online | by Chatham Financial | Recording Available Download This Webinar In this installment of Chatham’s financial institution quarterly market update webinar series, we will examine the factors driving the economy, the elevated volatility in global markets, and the potential impact that these variables may have on the way financial institutions manage economic risks. We will discuss practical considerations for balance sheet risk management, fixed income portfolio management, and customer hedging programs. We will also discuss specific strategies that financial institutions are using to manage their risks in this period of heightened volatility and uncertainty. In this webinar, Chatham will cover the following learning objectives: – A practical understanding of global economic and political drivers currently impacting the capital markets – Insight into strategies…

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Hedge Accounting FASB Exposure Draft: Implications for Financial Institutions September 2016 On September 8, 2016, the FASB released an exposure draft to better align economic results of an entity’s risk management activities with its financial reporting and to make targeted improvements to simplify hedge accounting. This Bulletin provides an overview of the proposed changes to Accounting Standards Codification (ASC) 815, Derivatives and Hedging that are relevant to Financial Institutions. Refer to our Bulletin from August 31, 2016 for a high level summary. Download Our Full Review of the Exposure Draft Here

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Hedge Accounting FASB Update August 2016 In July 2015, we provided an update about the FASB’s project to change the hedge accounting rules. The FASB has been working on hedge accounting for over a year and expects the exposure draft to be published any day. The Board has proposed several changes that are primarily intended to better align the economics of hedging with the reported accounting results. This bulletin summarizes the key decisions the FASB has made over the past year that are relevant to financial institutions. Download This Bulletin

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Negative Interest Rates: How should I prepare? May 2016 Why are negative rates now an issue? Of course, the concern for negative rates did not develop in a vacuum. After all, negative rates are a current reality in several developed economies and many market participants in the US were already forecasting a much less sanguine trajectory for Fed Funds than the Committee publishes in their quarterly staff projections. The market projections, as derived from traded levels on interest rate swaps tied to the effective Fed Funds rate, when contrasted to the Fed’s “dot plot” showed a nearly 2% gap between where the market expected Fed Funds to be at the end of 2018 and the Fed’s median projection. The downside risks to the economy reflected by these market based pricing measures, which by their nature are intrinsically probability-weighted in the…

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Chatham Financial Bolsters Financial Institutions Practice with Enhanced Capabilities and Key Hires April 5, 2016 (Kennett Square, PA, USA) – Chatham Financial, the industry leader in debt and derivatives solutions, has significantly strengthened its Financial Institutions Group by expanding its business development and balance sheet strategies capabilities. To help oversee the expansion within these two areas, Matthew Tevis and Todd Cuppia have recently joined the firm, assuming respectively the roles of managing director of business development and sales and director of balance sheet strategies within the Financial Institutions Group. As the firm continues its long-standing commitment to the financial institutions sector, Mr. Tevis will co-lead Chatham’s business development and sales activities. In his new role, he will leverage his 25-plus years of banking and derivatives experience to advise financial institutions on a variety of interest rate risk management topics with…

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Chatham Financial Launches New Hedging Diagnostics Toolkit for Community and Mid-Size Banks Real-time, web-based market assessment tool for lending is the first of its kind February 16, 2015 (Kennett Square, PA, USA) – Chatham Financial, an independent full-service advisory and technology solutions provider, today unveiled its proprietary Hedging Diagnostic Toolkit. The Toolkit is a new suite of products designed to help small and mid-size banks make more informed decisions when competing for quality long-term fixed rate lending opportunities while also defending and improving the bank’s own net interest margin. In an environment where every basis point counts and margins are growing ever tighter, the Hedging Diagnostics Toolkit allows banks to make fully-informed decisions to be consistent and accurate in their loan pricing. The product contains a Market Assessment Tool that offers financial institutions — for the first time—the ability to…

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Hedging Diagnostic Toolkit Informed hedging decisions start here With Hedging Diagnostics, Financial Institutions will gain additional insights into lending decisions to estimate the economic value of a lending opportunity by demonstrating equivalent floating rate loan economics based on today’s swap curve. Additionally Financial Institutions will receive conceptual and practical approaches to implementing hedging programs. Schedule a Demo of MATCh today Hedging Diagnostics Toolkit contains Chatham’s risk management consultants work with clients to develop and execute accounting-friendly hedging strategies that best meet the bank’s ALM objectives. We leverage our strong capital markets presence, Dodd-Frank regulatory experience, proprietary analytical models, and hedge accounting and valuation technology platform on your behalf to structure the best possible derivative terms and price. MATCh – (Market Assessment Tool from Chatham) Real-time, web-based tool that helps you make informed decisions about lending decisions and gain quantitative insight…

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Volcker Rule: balance sheet hedging and loan-level interest rate hedging Chatham Financial White Papers – July 2015 Chatham believes that under the Volcker Rule, balance sheet hedging and loan-level interest rate hedging, generally do not constitute proprietary trading and therefore are exempt from the requirement for specific compliance programs. We have documented our conclusion in these white papers: With the implementation of the Volcker Rule, the question arises as to the impact of the rule on balance sheet risk management (“BSRM”) hedging programs. The Volcker Rule’s proprietary trading ban is a prohibition on certain short-term speculative trading. As explained in this white paper, trades executed in BSRM hedging programs are not executed for purposes prohibited by the Volcker Rule. As a result, BSRM hedging transactions are typically not “proprietary trading” nor should the BSRM programs themselves be required to implement…

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