Corporate Cashflow Magazine articles from March 1992

Corporate Cashflow Magazine archives from March 1992

Released from HLT ball & chain, banks to lend more. (highly-leveraged transaction)
March 1, 1992... A surprise decision by the three federal banking regulators to scuttle the highly leveraged transaction (HLT) classification has bankers predicting that credit will flow again to acquisition financing and other leveraged transactions. "I...

EDI goes global as Citi, Motorola blaze the trail. (electronic data interchange; Citibank N.A.; Motorola Inc.)
March 1, 1992... Working with Citibank, Motorola has launched the first operational EDI trade payments service in Europe. The system uses technology that's transferable worldwide, making international financial EDI a possibility, not just a dream. ...

Treasury pros get the most from their bank calling officers. (corporate treasury managers)
March 1, 1992... Are corporate treasury managers making the best use of their banks' relationship managers? They are not, a survey by Norwest Bank, Minneapolis, indicates, but they have the clout to improve the service they are getting. According to...

Downsizing throws treasury managers into job searches.
March 1, 1992... While corporate America downsizes toward a healthier bottom line, treasury managers are among the thousands of executives thrown out of work. These very conditions, however, provide opportunities for those with the right skills, says Gary...

Catastrophic health claims call for treasury direction. (reducing the high cost of health care claims)
March 1, 1992... Saving the big dollars that come from reducing catastrophic health care claims requires the efforts of both treasury and human resources, experts say. Kevin Flint, director of treasury and financial analysis for Bausch & Lomb, Rochester,...

Projects to help collection of trade debt move forward.
March 1, 1992... Two major credit initiatives that could speed the collection of entangled accounts receivable are moving forward, one on a smooth, certain highway and the other on a bumpy, unpredictable path. The proposal to provide binding arbitration for...

Keep bank disruptions from cutting treasury power. (Cover Story)
March 1, 1992... Banking is an eventful industry these days, and corporate treasury managers are likely to feel the consequences of those events. When change erupts in a bank, it disrupts customers' treasury operations. The more intricately tied the treasury...

Brave new world. (coping with changes in the banking industry)_ (Cover Story)
March 1, 1992... Anthony J. Carfang, partner of Treasury Strategies Inc., Chicago, is a busy consultant who works both sides of the street, advising corporations on their banking relationships and banks on their business strategies for corporate services. He...

Contain credit disruptions. (bank management) (Cover Story)
March 1, 1992... Any future shake-out in access to bank credit is likely to pale alongside the war stories from the vicious credit crunch that is just beginning to soften. That experience itself could be the cause of some changes that might be initiated by...

Keep cash management links. (banking industry) (Cover Story)
March 1, 1992... While changes in cash management services may not reach the deepest levels of bank-corporate bonding, they have the greatest potential for interrupting daily treasury operations. Dependency on bank reporting systems, funds transfer mechanisms,...

Letters, lines of credit. (letters of credit, back-up lines of credit) (Cover Story)
March 1, 1992... One of the most evenfull business lines has ben the back-up credit facility, either the letter of credit or the committed line. These were pushed liberally by banks when they could be kept off bank balance sheets and outside the capital...

Exercising clout. (status of treasury managers during bank mergers) (Cover Story)
March 1, 1992... The announcement that a principal bank will merge with another bank plunges the treasury manager from a position of certainty into one of uncertainty. One day he knows exactly where he stands with the bank; the next day he doesn't know at all....

The people side. (human side of bank-corporate relationships) (Cover Story)
March 1, 1992... The changes in banking are putting stress on the human side of bank-corporate relationships and causing some reassessment of how important the people-to-people links are. On one hand, with structures changing drastically, human communication...

To raise investment yields, rent your securities. (securities lending)
March 1, 1992... If your company owns a large portfolio of securities and, as treasury manager, you are looking for ways to generate more investment income, consider starting a securities lending program. In fact, more than 60% of U.S. public funds with...

For a corporate win, treasury, accounting must use teamwork.
March 1, 1992... The management of a corporation depends on the smooth operations and careful integration of two of its most important financial functions: treasury and accounting. Each is essentially a separate discipline with its own distinct duties and...

Staying afloat when rising insurance costs rock the boat.
March 1, 1992... Insurance companies face financial problems on a scale that may have compared with the S&L and banking crisis. In 1991 we saw the demise of several prominent insurance companies including Executive Life of California, Mutual Benefit Life of...

Don't hesistate to bid against an offer price. (prefreed stocks as cash investments) (Basis Points) (Column)
March 1, 1992... "In the main cabin, our movie this evening is |City Slickers.' Therewill be a $4 charge for headsets. Flight attendants will be passing through the aisles. . . ." "How can I invest profitably in this market?" From across the aisle came...

Congress threatens delinquent banks with capital punishment. (Washington Watch) (Column)
March 1, 1992... Congress, fed up with what it considers shilly-shallying by the bank regulatory agencies over the fate of failing banks, has demanded the equivalent of mandatory sentencing for troubled banks. As a result, regulators will lose much of the...

Reverse LBOs: time, conditions right for going public. (leveraged buyouts) (Capital Ideas) (Column)
March 1, 1992... One of the biggest financial hits of the 1980s--the leveraged byouts of public companies--reversed directions last year as many of the LBOs that were working came back into the public market. During the '80s, many public companies were...