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CFO March 1, 2003 Randy Myers |
Anxiety's Price New regulations call into question the value of off-balance-sheet financing, if only because of their impact on bankers' fees. |
CFO Andrew Osterland |
Reining In SPEs New rules for special-purpose entities may result in bigger corporate balance sheets. |
CFO October 1, 2003 Hilary Rosenberg |
Longer Paper Routes Banks have gone to greater lengths to keep assets off their balance sheets. That means higher prices for commercial paper. |
CFO October 1, 2002 Tim Reason |
Reporting: See-Through Finance The market's distaste for complex financing could raise your company's cost of capital, even if you comply with new reporting rules. |
CFO June 1, 2003 Tim Reason |
Securitization: False Security? Corporate insolvencies are testing whether securitization of illiquid corporate assets (such as receivables) is a stable structure or a flimsy facade. The legal standing of such transactions is unclear. |
CFO November 1, 2007 Vincent Ryan |
Debt in Disguise The boundaries between receivables securitizations and loans are blurring. |
Finance & Development September 8, 2008 Andreas Jobst |
Back to Basics What is securitization? |
CFO March 1, 2003 Ronald Fink |
What Goes Around Customer financing seemed like a smart move when times were good. Now, it's wreaking havoc on corporate balance sheets. |
Finance & Development December 1, 2007 Randall Dodd |
Subprime: Tentacles of a Crisis The mortgage market turbulence is as much about the breakdown of the structure of U.S. financial markets as it is about bad debt. |
CFO February 1, 2008 Tim Reason |
Bending the Rules Efforts to contain damage from the subprime-mortgage meltdown are stretching accounting rules for securitization. |
CFO November 1, 2003 |
Citi's New Stance After more than a year of scandal and public penance, Citigroup CFO Todd Thomson is determined to rebuild the reputation of the financial-services giant. |
CFO August 1, 2002 Ronald Fink |
The Fear of All Sums To restore investor trust, many companies are disclosing more information, according to a CFO survey. But it may not be enough. |
CFO April 1, 2004 Ronald Fink |
Playing Favorites Why Alan Greenspan's Fed lets banks off easy on corporate fraud. |
CFO Tim Reason |
Pump Up the Volume Companies are pouring more information than ever into their annual reports. Will investors be satisfied? |
The Motley Fool June 27, 2007 Emil Lee |
Securitization Simplified Securitization is complicated, but understanding the mechanics will help you evaluate many financial companies. Here is a brief primer on collateralized debt obligations. |
CFO December 1, 2003 Randy Myers |
Basel's New Balance A new accord may soon help banks lend more for less. |
Financial Planning December 1, 2007 Jerry Webman |
The Credit Crunch A Wall Streeter explains what happened and how the financial markets got into their current state. |
CFO March 1, 2008 Karen M. Kroll |
Pedaling As Fast As They Can Companies will now need to work harder for credit, as banks' markedly different posture on lending money is affecting businesses of all stripes -- not just those in default. |
FDIC FYI March 25, 2004 |
The Evolving Role of Commercial Banks in U.S. Credit Markets A careful analysis of U.S. financial sector data shows that banks' share of the financial services market has not shrunk to the extent that is commonly asserted. Moreover, banks have assumed leading roles in providing some of the newer types of financial services products, such as credit card securitizations and mortgage banking services. |
HBS Working Knowledge December 21, 2009 Roger Thompson |
Good Banks, Bad Banks, and Government's Role as Fixer In his new book, Too Big to Save, HBS senior lecturer Robert Pozen tells us how to fix the system. |
The Motley Fool August 10, 2007 Dan Caplinger |
Is Your Money Market Fund Safe? When markets are falling and your portfolio is hurting, the last thing you need to worry about is whether your cash is safe. While your risk of losing money in your money market fund is low, there are some things that you should be aware of. |
OCC Bulletin May 22, 2002 |
Unsafe and Unsound Investment Portfolio Practices Description: Supplemental Guidance This bulletin alerts banks to the potential risk to future earnings and capital from poor investment decisions made at the current low level of interest rates... |
U.S. Banker September 2008 John Engen |
Future Shock Where to start when trying to figure out how the banking industry got into the mess it's in today? And where, exactly, do we go from here? |
Finance & Development March 1, 2001 Suhas Ketkar & Dilip Ratha |
Securitization of Future Flow Receivables: A Useful Tool for Developing Countries During financial crises, developing countries cannot obtain low-cost, long-term loans. Securitization of future flow receivables can help investment-grade public and private sector entities in these countries raise funds in international capital markets... |
CFO October 1, 2009 Vincent Ryan |
Back on Track It's been a frightening year for credit-starved companies. Can they relax a little now? |
CFO October 1, 2007 Ryan & Hahn |
Fear Factors Six banking executives discuss their concerns about the credit crunch and its ever-widening implications. |
Real Estate Portfolio Jul/Aug 2002 |
A New Phase for Mortgage REITs Even beyond the numbers, mortgage REITs today are better prepared to deal with adverse environments than in the past. However, given their diverse business models and risk exposures, there are still challenges that remain. |
CFO Ronald Fink |
Beyond Enron The fate of Andrew Fastow and company casts a harsh light on off-balance-sheet financing... |
CFO October 1, 2007 Rob Garver |
One Nation, Left Behind The race to cut compliance-based capital has begun, and U.S. banks are trailing the pack -- badly. |
BusinessWeek October 29, 2007 Maria Bartiromo |
Hank Paulson, U.S. Treasury Secretary Treasury Secretary Henry "Hank" Paulson talks about structured investment vehicles and the economy. |
CFO January 1, 2003 |
Credit Watch S&P's Leo O'Neill to SEC: We are not the watchdogs. |
Commercial Investment Real Estate Sep/Oct 2005 Andrew Stewart |
7 Real Estate Finance Myths Unveiled Discover the market factors that really are influencing today's real estate transactions. |
HBS Working Knowledge January 20, 2009 Julia Hanna |
Risky Business with Structured Finance Even modest imprecision in estimating underlying risks is magnified disproportionately when securities are pooled and tranched. |
CFO March 1, 2008 Avital Louria Hahn |
Missing Pieces How poor risk-management techniques contributed to the subprime mess. |
Finance & Development December 1, 2008 Noel Sacasa |
Preventing Future Crises The financial crisis has exposed weaknesses in the current regulatory and supervisory frameworks and made it clear that we are in need of regulatory reform. |
Investment Advisor October 2007 Jason Brady |
Bottleneck While driven by fundamental weakness in U.S. real estate, in particular subprime loans, the current liquidity crisis has become a general lack of confidence in banking and financial institutions globally. |
The Motley Fool July 17, 2007 Sham Gad |
What Sparked the Subprime Explosion? Some really smart people have taken one asset -- the plain old mortgage -- and singlehandedly created layers and layers of financial instruments that are predicated on it. Like dominoes, one by one, these securities are now tumbling and leaving investors and homeowners to clean up the mess. |
U.S. Banker March 2002 Man Yin Li |
Transfer That Risk! With more and more bankruptcies and defaults, many banks can protect themselves with credit derivatives. There are dangers in using them, but if used intelligently, they can be a boon to many banks... |
Finance & Development March 1, 2002 Gerd Hausler |
The Globalization of Finance Financial globalization has brought considerable benefits to national economies and to investors and savers, but it has also changed the structure of markets, creating new risks and challenges for market participants and policymakers... |
CFO March 1, 2005 Tim Reason |
A Love-Hate Relationship Banks and their customers have grown closer to, and more wary of, each other. |
National Real Estate Investor June 1, 2006 Matt Hudgins |
Why CDOs Are Hot With much of the world's investment capital seeking placement in commercial real estate, lenders are eager to help property owners liquidate portions of their equity and refinance through CDOs. |
FDIC FYI April 18, 2002 |
New Reporting Offers Insight Into Bank Activities Until last year, the quarterly Reports of Income that banks filed with federal regulators provided only limited detail on noninterest revenues. Last year, these reports began to include more detail on the relative importance of different activities and products to bank earnings... |
U.S. Banker January 2002 |
Beware the Syndicators Citigroup and J. P. Morgan Chase & Co., which syndicated billions of dollars of loans to Enron, should have known the truth about Enron�'s condition, and should not have had to depend on outside accountants or on the various rating agencies... |
U.S. Banker March 2002 John Hackett |
Wealth Management Leaders With profit-generating assets shrinking because of the decline in stock prices, some of the biggest players in the wealth management field are hurting. But all assert the future is rosy, at least for them. Many have doubts, however, about the outlook for other players... |
Commercial Investment Real Estate Jan/Feb 2004 Thomas Jaekel |
Wait and See Commercial real estate capital market activity hinges on interest rates and job growth. |
U.S. Banker April 2006 Michael Dumiak |
Corporate Funding: New Funding Source Rises To Meet Banks' Needs A new type of investment is emerging, a type of securitized CD that provides small and mid-sized banks a much-needed funding source, while giving institutional investors a new asset class of the safest degree. |
U.S. Banker May 2008 |
As the Credit Crisis Grinds On, Lending Falls Off the Cliff The current climate for loan production might not be Great Depression 2.0, but try telling that to someone with less than perfect credit. |
The Motley Fool August 28, 2007 Seth Jayson |
A Conduit to Chaos Investors, think your bank has no exposure to the problems in housing? Think again. |
Commercial Investment Real Estate Mar/Apr 2003 Len Deering |
Multifamily Property Owners Benefit From Competitive Financing Soft occupancies force lenders to be more creative in competing for multifamily loans. |
OCC Bulletin July 15, 1999 |
Summary of the Basel Committee's Consultative Document: "A New Capital Adequacy Framework" The paper describes a framework for bank supervision and regulation that contains three "pillars" -- a regulatory capital minimum, an enhanced supervisory review process, and more effective use of market discipline through disclosure. |