Financial Risk

European companies may lose access to London clearinghouses in a no-deal Brexit; $74 trillion of derivatives contracts are at risk.

Fed makes second straight cut, but splits on further action.

How risk managers should respond to changing yield curves.

Benchmark will continue if at least five banks continue to contribute data, but a smaller set of contributors could significantly increase volatility.

Borrowing dollars has gotten even more expensive in recent weeks, and global FX markets are feeling the effects.

Shortly after economic adviser Larry Kudlow said the White House had “ruled out any currency intervention,” the president directly disputed this claim.

The stakes are high for corporate borrowers as global discussions continue to swirl around which interest rate benchmark will become the new standard.

With growth seeming precarious, many now expect significant reduction in interest rates before yearend.