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CORPORATE RESEARCH PAPER - Company: IBM
Finance & Accounting
Pages 7 (1757 words)
Corporate Research Paper - Company: IBM Introduction: International Business Machines Corporation (IBM) is one of the leading industries providing services regarding Information Technology (IT), financial, public, industrial, distribution, communications, general business, lease and loan financing etc.
Recently, the firm has started its operations in Ghana, Nigeria, Angola, Kenya, Senegal and Tanzania in Africa. It has investments in training units, data centers, offices and other amenities. IBM has now extended its branches further in Latin America, Asia and Eastern Europe by establishing research labs worldwide. Brazil is another country that IBM has expanded its business operations to, and the company believes its business there will be a huge success. IBM is actively participating in conducting “World Cup in 2014”and “the Olympic Games in 2016” by offering transportation, communication services etc. IBM Global is involved in activities such as various investments, financing assets, leverages with debt and managing the related risks. Its total income from sales as on March 2013 is 103.2 billions$. About Exchange (FX) Risk Management Policy in IBM: According to Cassio Calil, the Assistant Treasurer and Head of Global Operations, the IBM global forex risk management operation has been incorporated under one group worldwide. Therefore, no hedging activities are done outside the United States except sometimes in Dublin, Brazil and NDF [non-deliverable forward] market. Dublin acts as IBM’s money operations center for Europe along with offering cash to its subsidiaries worldwide. ...
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