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Corporate Treasurers Proceeding With Caution

Global Finance

Access to finance was a huge concern at the start of the pandemic [in 2020] as thoughts turned to the global financial crisis and a potential repeat of bank insolvency,” notes Kristen Roberts, partner and head of the London corporate debt practice at HSF. It’s a predicament that started to emerge as far back as 2018.

Treasury 105
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Will Crane’s M&A Strategy Lead To Further Value Creation?

Andrew Stolz

As of 2020, around 42% of its total assets consist of goodwill (31%) and intangible assets (11%). Only in 2020, ROIC dropped to 11% which is still in line with WACC. Revenue contribution declined from to 6% in 2020 from 10% in 2016. Key risk is intensified competition in local markets.

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Examining High Concentration Among Derivatives Intermediaries

Reynolds Holding

The market risk related to a derivative contract is unrelated to its credit risk because the underlying variable tends to be unrelated to the counterparties. This follows naturally from some instruments being used to raise capital, while derivatives are generally used to manage risk. 1 (June 2020). [5]

Banking 64
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Appraiser Newsroom - Untitled Article

Appraiser Newsroom

Dr. Henry has over 20 years of diverse experience in the fields of business economics, consulting/advisory services, interest rate and market risk modeling, and government affairs. Shea , ASA, IFA, ARM is Partner at Barry Shea and Associates. Johnson, ASA is a Managing Partner at Munroe, Park & Johnson, Inc.

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Davis Polk Discusses Key Takeaways for Banks of Basel Climate Report

Reynolds Holding

Consistent with the Basel Committee’s Risk Drivers Report, the Basel Principles expect banks to assess and manage climate-related financial risks through the lens of existing categories of risk addressed by the Basel capital and liquidity framework, such as credit risk (including counterparty risk), market risk, liquidity risk and operational risk.

Banking 45
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SEC Chair Gensler Speaks Further on Climate-Risk Disclosure Proposal

Reynolds Holding

One report found that 70 percent of companies in the Russell 1000 Index published sustainability reports in 2020 using various third-party standards, which include information about climate risks. [5] 19, 2020), [86 FR 2080, 2089 (Jan. Levinson , 485 U.S. 224, 231-32 (1988) (quotation marks omitted). [2] at 238-39. [3]

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Data Update 4 for 2021: The Hurdle Rate Question!

Musings on Markets

From a hurdle rate perspective, this implies that companies, where the marginal investors (who own a lot of stock and trade that stock) are diversified, should incorporate only macroeconomic or market risk into hurdle rates.