Murky Outlook: Treasurers Not Taking on Risk
Although the recent AFP Corporate Cash Indicators™ suggests that corporate treasurers have become more willing to spend some of their excess cash, many do not anticipate a large uptick in spending on capital investments for some time. Treasurers at a recent roundtable in New York co-hosted by BlackRock and the AFP Corporate Treasurers Council indicated they are still very hesitant to take on more risk and spend more money.
AFP CCI™ for 1Q2013: Treasurers Growing More Confident
U.S. businesses are growing
increasingly confident about their intermediate and longer-term
prospects, according to the AFP Corporate Cash Indicators™ (AFP
CCI™), underwritten by State Street Global Advisors. The forward indicator measuring expectations for the second
quarter of 2013 was at -5, following a -4 reading during the
previous quarter and only the third negative reading in the history
of the survey.
Regional Treasury Centers Need the Right Legal Structure
When corporates set up a regional treasury center (RTC), they often focus on how their bank can support them, but is also crucial to put the right legal structure in place.
AFP Board Member Profile: Ferdinand Jahnel
Ferdinand Jahnel, Vice President and Treasurer at Henry
Schein Inc. and AFP Board Member, discusses the challenges and opportunities he has faced throughout
his career. A member of AFP since 2005, Jahnel has been a speaker at various
Case Study: Streamlining Bank Relationships in Record Time
In 2010, Bombardier’s treasury group was presented with an all-too-common challenge: migrate a global banking infrastructure for a legal entity holding restructuration. And, they wanted results in one calendar year.