Contributor : Gerrit van de Wetering
The proposed rules would simplify hedge accounting and get rid of many of its drawbacks.
Create a framework that allows for nimble decision making while maintaining control.
Swaps provide an opportunity for banks to hedge against interest rate risk during a time of uncertainty.
Gerrit van de Wetering of BMO Capital Markets shares how two of their bank clients have been successful using an outsourced interest rate swap product.