Corporate Cashflow Magazine articles from November 1991

Corporate Cashflow Magazine archives from November 1991

Annuity defaults may start liability boomerang. (Trends)
November 1, 1991... Shifting the risk of a retirement plan from the corporate sponsor to an insurance company by purchasing annuity contracts may not end the sponsor's responsibility. The failure of Executive Life Insurance Co. has corporate officers...

Emerging markets key to higher returns, reduced volatility. (Trends)
November 1, 1991... International investing in emerging markets, thought by some to be risky business, is gaining acceptance among pension fund investors. The reason: emerging markets respond differently to economic or world events than developed markets do,...

Administrators push cost-cutting services as demand grows. (Trends)
November 1, 1991... The frenzied search for a remedy to runaway health care costs and the resulting changes in delivery of health care benefits is revolutionizing the third-party administrator (TPA) industry. The maze of decisions employers face can be as...

Flush with funds, banks may reward mid-sized borrowers. (Trends)
November 1, 1991... Bank lending to middle-market companies has been the pits lately. Many banks have been reluctant lenders due to stepped-up regulatory scrutiny and aversion to risk. Anecdotes about banks suddenly cutting off credit to stable, long-time...

Companies affected by bank shift to imaging technology. (Trends)
November 1, 1991... Imaging--converting paper documents, primarily checks, into electronic images--is turning into the banking technology story of the 1990s. The motivation, pure and simple, is to reduce bank back-office costs, but banks that have anteed up for...

New money funds built to produce capital gains. (Trends)
November 1, 1991... The point of investing surplus corporate cash is to get the highest returns available within the safety and liquidity constraints your investment policy provides. Usually. Yield is yield; 8.5% beats 8.4% unless the 8.4% qualifies as...

ERS may sound death knell for paper invoices. (evaluated receipts settlement)(Trends)
November 1, 1991... Another advance in automating the payment process may add the paper invoice to the scrap heap. Evaluated receipts settlement (ERS) is an electronic payment process that ties the customer's payment to the receipt of goods, not the arrival...

Personal guarantees after Deprizio still widely used. (Deprizio court decision)(Trends)
November 1, 1991... CREDIT & ACCOUNTS RECEIVABLE A troublesome court decision appears to be having little effect on the age-old credit practice of getting customers to guarantee personally the debt created by credit sales to their companies. The 1989...

Portfolios bloom with international allocations. (Cover Story)
November 1, 1991... Spectacular growth in the international equity market, which has surged from $17 billion to $100 billion since 1984 and is expected to reach $200 billion by 1994, gives pension plan sponsors access to a world of rapidly expanding investment...

Rx for a healthy fund manager performance.
November 1, 1991... The 1980s were a terrific decade for investments in marketable securities. For the 1980-1989 period, the S&P 500 compounded at a 17.5% annual clip, bonds (Shearson Lehman Intermediate Gov't/Corp.) were up 11.9% per year, and even T-bills...

Will your banks clear the bar? Measures of financial strength. (includes related articles)
November 1, 1991... Another One Bites the Dust was not, as wags suggested, the official theme song when the American Bankers Association held its 117th convention last month, but another one did bite the dust as bankers were packing their bags for San Francisco....

Basing investments on balance-sheet analysis. (Basis Points) (Column)
November 1, 1991... Francine hails from the Deeeeeeep South. There was no mistaking that dialect, even coming from the back of a meeting room packed by the traditionally heavy first-day crowd at the National Corporate Cash Management Association's 12th annual...

Plan to reduce payments system risk stuck in neutral. (Washington Watch) (Column)
November 1, 1991... Nearly eight years after declaring war on payments system risk in general and daylight overdrafts in particular, the Federal Reserve still goes in the red $150 billion or more daily, providing intra-day credit to banks that move funds over...

Why bank mergers upset corporate borrowers. (Capital Ideas) (Column)
November 1, 1991... When large banks merge, the truama of reorganization, systems consolidation and staff reduction is felt not just within the banks. Customers, to varying degrees, inevitably are affected. Given the current feverish pace of large bank mergers,...