Continental: How to get more out of your banks
Jun 27, 2016
Carlisle: How we freed up 50% liquidity in China
US-headquartered Carlisle needed to manage its excess cash in China. Its CFO for Asia-Pacific tells CT how this was done.
When Frankie Liu took the job as Carlisle’s Asia-Pacific CFO in 2011, his boss, the global CFO based in Charlotte, asked him, “where is our cash [in Asia]?” Although the question was straight-forward, at that time Liu could not respond.
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