In the latest Cigna suit, Adams et al. v. the Cigna Group et al., the plaintiffs allege that Cigna and its retirement plan committee misused more than $17 million in 401 (k) plan assets over several ...

The case, Czakoczi v. UBS AG et al, filed last week in the U.S. District Court in New Jersey, is one of more than 50 lawsuits filed in the past two years challenging how large employers handle 401 (k) ...

Corporate finance teams are responding to the uncertainty in global markets by increasing the length and size of their currency hedges, according to MillTech. The firm surveyed 250 senior finance ...

As financial institutions move quickly toward compliance with ISO 20022 messaging standards, many treasury teams have felt pressure to migrate their own systems. For more on why, see Part 1 of this ...

Expanding and diversifying vendor networks, re-shoring production, and tapping into new suppliers are vital approaches to mitigating the impacts of tariffs and other macroeconomic conditions. Yet ...

Currency trading in late 2024 was marked by rising volatility. As a result, the vast majority of companies experienced losses on unhedged foreign exchange (FX) risk, according to a new report from ...

For the Bristol Myers Squibb (BMS) treasury function, innovation has long been fundamental. Still, after integrating with Celgene in one of the biggest acquisitions in pharmaceutical history, the ...

The vast majority of companies face interest rate or foreign exchange (FX) risks, or both. Around half of those are using financial instruments to hedge their exposures, and both risks and risk ...

As we start the new year, treasury teams are navigating an uncertain geopolitical environment, global unrest, and the accelerating pace of technological change. Each of these factors presents both ...

Budgeting and planning season may be the most dreaded time of year in the corporate world. Managers, directors, and VPs throughout the organization are pulled away from their usual responsibilities ...

We will not announce the specific prize (e.g., gold, silver, bronze, honorable mention) that each company won in a particular category until we present the awards for that category, starting in spring ...

Managing a wide assortment of risks is an imperative part of running any modern company. From payment fraud to operational exposures—to, in one industry-specific situation, potential injuries to ...