Corporate Cashflow Magazine articles from November 1993

Corporate Cashflow Magazine archives from November 1993

Low door crimps executive comp, forces plan redesign. (compensation caps on defined benefit, profit sharing and 401k plans) (Investments & Benefits)
November 1, 1993... Certain tax-the-rich provisions of the recent federal budget act have upset the delicate balance in many corporate retirement plans, triggering a search for ways to satisfy key executives and keep plans in compliance with nondiscrimination...

Fund managers adjust for changing Japanese market. (Japanese equities) (Investments & Benefits)
November 1, 1993... Continuing to shun Japanese equities may damage the investment returns and diversification goals of pension plans, experts warn. Yet plan sponsors that reduced or dropped Japanese holdings may be understandably reluctant to leap into a roller...

Commercial banks lift competition to underwrite securities. (Financing)
November 1, 1993... The surge of new debt and equity issues in the capital markets this year is accompanied by a revival of interest on the part of commercial banks to exercise their restricted, recently-granted power to underwrite securities issues. By expanding...

Leasing revives as flexible equipment financing tool. (Financing)
November 1, 1993... After two stagnant years, equipment leasing is growing again, says Rick Caproni, vice president in Fleet Credit Corp. leasing division, Providence, RI. He credits an improving economy but thinks new products may also be a factor. Floating-rate...

Big bang fears wane as daylight overdraft pricing date nears. (Cash Management)
November 1, 1993... Treasury managers show little concern about the April 1994 implementation of daylight overdraft pricing, taking at face value their bankers' assurances that the changes will be modest and manageable. "Our banks keep telling me it won't be a big...

8 a.m. presentment rushes disbursement reporting for banks. (Cash Management)
November 1, 1993... Although the Federal Reserve's plan to charge for daylight overdrafts has attracted more attention, another Fed proposal that is about to be implemented will also affect treasury managers and their banks. On January 3, 1994, the Fed begins a...

The virtual treasury: technologically-assisted cash management. (Cover Story)
November 1, 1993... Re-engineer disbursements with integrated EDI architecture. The corporate treasury that is considering financial electronic data interchange (EDI) must think big. What is needed today is a comprehensive, integrated architecture that can managed...

Virtual treasury: opening 'Windows' brings technological draft. (Cover Story)
November 1, 1993... When banks first gave customers systems access through dial-up terminals, a world of information processing opened for the treasury manager. Since then, real time reporting and automatic analysis of information have become the norm. The first...

Nonqualified deferred comp: pushing tax-sheltered dollars through to executives. (deferred compensation)
November 1, 1993... The deficit reduction plan just passed by Congress has set off a scramble to find ways to defer the income of highly-paid employees and shield it from current taxation. Confronted with higher personal income tax brackets and a lower...

Treasury quality management: fortune or myth?
November 1, 1993... Fifteen years after the TQM movement began and five years after it first hit treasury management, who has what to show for it? As Mark Twain quipped about the weather, everybody in treasury talks about total quality management (TQM), but does...

Safe harbor strategies: riding out the storm of daylight overdraft pricing. (includes related articles)
November 1, 1993... On April 14, 1994, the Federal Reserve will begin charging for intraday overdrafts--the so-called "daylight" overdrafts--on the reserve accounts banks maintain at Federal Reserve banks. This will be the most far-reaching change in funds transfer...

Does Robinson-Patman chain stop trade credit innovation? (Robinson-Patman Act)
November 1, 1993... 1936 law bans discrimination, but tiered terms could be defended. Times are tough. Many of your customers have experienced financial reversals and restricted cash flow. If the economic times weren't so difficult, your company would probably...

Can lockbox transmissions do away with manual posting? (Treasur-Ring) (Column)
November 1, 1993... How can companies using electronic transmissions from their lockbox banks to post payments automatically to their accounts receivable reduce the exceptions that have to be handled manually? The following discussion is a result of Treasur-Ring,...

The dating game: choosing maturities for short-term investments. (Basis Points) (Column)
November 1, 1993... The brisk air. The changing colors of the leaves. The Thanksgiving feast. Another of Lenore's holiday newsletters, violating countless laws of grammar to tell me that David has now learned to spell "ZHEWN-SHLBF" in magnet letters at Mrs....

Credit uncrunched as banks push to add loans. (Capital Ideas) (Column)
November 1, 1993... They're back. Loaded with capital, sloshing with liquidity, loan loss reserves topped off, the nation's commercial banks are once again pounding on the doors of corporate America, looking for a few good loans. Even banks that deny there ever...

Banks target states in battle to bring interstate branching. (Washington Watch) (Column)
November 1, 1993... Large, multi-state commercial banks, backed by their corporate customers, are campaigning for interstate branching rights at the state level in hopes Congress will step in and write one uniform law. Gaining a federal mandate has eluded them in...