Balance Sheet Strategies
Tuesday, January 25, 2022
4:00 PM ET
5:00 PM ET
PNC is pleased to present to the FMS Boston Chapter on the topics of interest rate derivatives and fixed income securities. This will be a two-part presentation from Jeff Mazur, a Managing Director, from PNC’s derivatives desk and Matt Mara, a Managing Director, from PNC’s fixed income sales unit.
Derivatives Presentation Session
All anyone wants to talk about these days on the derivative side is LIBOR transition. In mid-January, that will be even more of the case as banks will be using their new index and starting to think about transitioning all of their existing LIBOR contracts to a replacement index. Jeff will provide timely information on this topic as well as addressing the need for banks to generate fee income from commercial swaps to replace the likely reduction in overdraft fees taking place in the industry. He will also review the strategy of using receive-fixed swaps to manage asset sensitivity in a low but rising rate environment.
Fixed Income Securities Session
Now comes tapering and tightening in 2022. Matt will discuss the ramifications for the investment portfolio and alternatives to generate. He will review the current expected tightening cycle to prior tightening cycles; strategic positioning of the investment portfolio; relative value; and perspectives on the burgeoning sub debt market for issuers and investors.
- 4:00 PM ET
5:00 PM ET
Managing Director, PNC
Jeff Mazur has 15 years of experience in marketing derivatives to PNC. Jeff has been an invaluable resource to banks setting up their programs and providing on-going support including strategy, regulatory guidance, and trade execution. When PNC Financial Institutions Group entered New England in 2006, there were only a handful of large community banks doing swaps. PNC now has a leading market share of New England banks using derivatives.
Earn up to 1 hour of CPE credit.
Field of Study:
Finance - Technical
Group Internet Based
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