John Hintze

6 days ago | garp.org | John Hintze

Following a meeting in March, the Basel Committee on Banking Supervision cited its ongoing work in such areas as “lessons learned” from the 2023 banking turmoil, technology risk and resilience, and “banks’ interconnections with non-bank financial intermediation (NBFI).” As part of the latter assessment, the committee said it intended “to conduct over the coming year a deep-dive investigation on synthetic risk transfers (SRTs),” which banks use to transfer their credit risk while keeping loans...

2 weeks ago | garp.org | John Hintze

Market participants waiting for years for comprehensive hedge accounting guidance may soon get their wish. The Financial Accounting Standards Board included “Risk Management and Hedge Accounting” in its January Agenda Consultation document with an invitation to comment. Hedge accounting in financial statements describes the use of derivatives to hedge interest-rate and foreign-exchange risk.

3 weeks ago | asreport.americanbanker.com | John Hintze

The Trump Administration's wide-ranging–and ever-changing–tariff strategies have already impacted the securitization market adversely. If kept in place, warn the credit-rating agencies, they will negatively impact virtually all sectors, with any benefits likely to be temporary. "The disruption prompted several transactions that KBRA was in the process of rating—totaling approximately $17.5 billion—to be placed on hold," the rating agency said in an April 11 report.

3 weeks ago | rmmagazine.com | John Hintze

In recent years, the intensity of storms and the length of droughts that exacerbate wildfires have coincided with increasingly variable weather patterns generally attributed to long-term climate change. For example, Hurricane Helene originated last September in the Gulf of Mexico and eventually wreaked havoc as far north as Appalachia, and a few months later, wildfires ravaged neighborhoods deep inside Los Angeles County during the region’s typically wetter months.

1 month ago | asreport.americanbanker.com | John Hintze

While liability management exercises (LMEs) in the U.S. were less prone to creditor-on-creditor violence last year, aggressive LMEs have persisted and recently even skirted legal roadblocks, while Europe's first aggressive LMEs are now being tested in court.