The New Face of Numismatism

It’s amazing what you miss when you ignore social media for a few days. For example, take this declaration published in a recent article in the Minnesota Star Tribune: “The days when a convicted bank robber could get a job selling gold coins in Minnesota are coming to an end.” What? Over already? I


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Financial Institutions Case Study: Asset Liability Management

Financial Institutions Case Study: Asset Liability Management
Our Client:
A regional bank with a newly issued brokered CD portfolio.
Situation:
Our client was asset-sensitive and had just issued 5yr brokered CDs that paid a fixed rate of interest. The client lends to borrowers at a floating rate of interest plus a credit spread, with a


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Real Estate Case Study: Debt Ratio

Real Estate Case Study: Debt Ratio
Our Client:
A public real estate company specializing in asset management in the hospitality sector.
Situation:
Our client had paid down a significant portion of their floating rate line of credit, leaving them with a fixed/floating rate debt ratio higher than they desired. With hotel assets essentially re-pricing daily,


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Corporate Case Study: Strategy & Accounting

Corporate Case Study: Strategy & Accounting
Our Client:
A global packaging and manufacturing company with over $7 billion in revenues and a complex capital structure.
Situation:
The company had recently issued fixed rate financing and was considering converting it to variable via a pay-variable, receive-fixed interest rate swap. Management’s objective was to achieve


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Derivatives Debacles Ancient and Modern: A Tale of Two Cities

As the old century rolls into the new, political inertia pushes both Athens and Detroit to source more debt and hedge, for better or for worse, with sophisticated derivatives.


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Your Hedging Outlook 2014: Part II – Derviatives Regulation

Hedging programs in the U.S. changed monumentally over the past year. A veritable alphabet soup of regulatory requirements was heaped upon market participants.


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Borrower Swap Solutions

Borrower Swap Solution, hedges finance, hedging finance

Offer borrowers a fixed rate without taking on the interest rate risk

Many banks find it challenging to meet their commercial borrowers’ demands for long-dated, fixed-rate loans without violating their own lending policies. Yet they risk losing these clients to larger financial institutions that offer synthetically fixed-rate loans comprised of a floating rate loan and…


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The Hedging Games: Hedge Expires

Following up on your first act can be a daunting proposition… Having seen an interest rate cap through to maturity, you know a thing or two about managing exposure to rising rates now. You have choices to make when it comes to re-hedging those risks, and program improvements are a natural part of the process. Like any good director (or fan), you have many things to consider before the next installment of the hedging games.


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Interest Rate Hedging

interest rate hedging, Real estate hedging

Solutions to mitigate interest rate volatility
Whether it’s a real estate project or a portfolio of properties, there are inevitable questions about how to protect against changes in interest rates. What is your total exposure? What should be your fixed vs. floating debt ratio? Is there a lender-required cap or swap? What is your refinance…


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Luke and Lindsey Have a Cow

Not all of us will be fortunate enough to win a cow prized for its beef or its gentle companionship, but we can learn plenty about sound hedging practices from Luke and Lindsey.


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