derivatives Archives - CFO

BitMEX Fined $100M in Latest Crypto Crackdown

Risk & Compliance

BitMEX Fined $100M in Latest Crypto Crackdown

U.S. regulators alleged the exchange traded digital assets without verifying customer identities and implementing an anti-money laundering program.

By Matthew Heller | August 11, 2021

U.K. Cracks Down on Crypto Exchange Binance

Risk & Compliance

U.K. Cracks Down on Crypto Exchange Binance

The U.K.'s financial watchdog “is sending a strong signal that it is worried about the dangers of investing in cryptocurrencies."

By Matthew Heller | June 28, 2021

Britain’s IG to Buy Online Broker Tastytrade for $1B

Britain’s IG to Buy Online Broker Tastytrade for $1B

“This acquisition will see us further diversify into the exciting high growth market of U.S. retail options and futures," IG's CEO says.

By Matthew Heller | January 21, 2021

MetLife Earnings Tumble 43% to $758M in Q2

Financial Performance

MetLife Earnings Tumble 43% to $758M in Q2

The insurer's profit drop reflected a 13% decline in net investment income and $710 million in net derivative losses.

By Matthew Heller | August 6, 2020

Want to Be a CFO? Consider Some Numeric Body Art

Want to Be a CFO? Consider Some Numeric Body Art

The new finance chief of Penn Mutual has had 10 jobs at the company over 19 years, but it was a chance exchange with the CEO that put him on the right path.

By David McCann | February 13, 2020

Clearinghouse Fined $20M for Violating Standards

Risk Management

Clearinghouse Fined $20M for Violating Standards

Regulators say Options Clearing Corp. failed to establish and enforce policies and procedures involving financial risk management.

By Matthew Heller | September 5, 2019

Libor’s Phase-Out: 3 Ways to Prepare

Credit & Capital

Libor’s Phase-Out: 3 Ways to Prepare

Derivatives and hedge accounting, intercompany loans, valuation models — all will be affected by the shift away from Libor.

By Vincent Ryan | August 12, 2019

Global Finance Watchdog Warns Banks on Debt Risk

Risk & Compliance

Global Finance Watchdog Warns Banks on Debt Risk

A Financial Stability Board report finds post-crisis reforms have reduced the likelihood of future crises.

By Matthew Heller | November 28, 2018

JPMorgan Fined $65M Over ISDAFix Rigging

Risk & Compliance

JPMorgan Fined $65M Over ISDAFix Rigging

The CFTC says the bank's traders "openly joked about" their efforts to manipulate the global benchmark for interest rate products.

By Matthew Heller | June 19, 2018

Cboe Unveils Hedge for Corporate Bond Risk

Cboe Unveils Hedge for Corporate Bond Risk

The new index futures are "expected to provide liquid hedging vehicles for institutional investors with exposure to U.S. corporate debt."

By Matthew Heller | May 17, 2018

Sizing Up the New Hedge Accounting Rules

Corporate Finance

Sizing Up the New Hedge Accounting Rules

Companies should start preparing soon for the changes slated to take effect in late 2018.

By Chandu Chilakapati | November 10, 2017

Basel Committee Relaxes Bank Funding Rule

Risk & Compliance

Basel Committee Relaxes Bank Funding Rule

Global banking regulators want to take some of the sting out of the net stable funding ratio.

By Vincent Ryan | October 9, 2017

New Hedging Rules Will Cut Reporting Costs: FASB

Risk Management

New Hedging Rules Will Cut Reporting Costs: FASB

The new accounting standards update drops a requirement that companies must measure and report “hedge ineffectiveness.”

By David Katz | August 29, 2017

SEC Approves Quadruple-Leveraged ETFs

SEC Approves Quadruple-Leveraged ETFs

A critic of the SEC's move says it is "the latest in what has become the story of the ETF product development run amok."

By Matthew Heller | May 5, 2017

Private Firms Loving FASB Breaks on Interest-rate Swaps

Capital Markets

Private Firms Loving FASB Breaks on Interest-rate Swaps

But the hedge accounting alternative may give the biggest private companies an unfair edge on public company competitors.

By David Katz | June 14, 2016