US corporate treasurers are holding on to more cash than ever
Federal Reserve figures show that US firms hold $2.66 trillion in cash – $1 trillion more than usual. CT looks at what’s behind the dash for cash and why it's likely to continue.
For corporate treasurers, cash has always been king. Over the years, the economies of the world have followed one rule: cash increases proportionally with growth. This maxim has held true in the Eurozone, the United States and the United Kingdom.
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