Industry Insights
White Paper
Insurance Companies’ Earnings Credit Rates Lag Market
Second quarter results are in, and NDepth Bank Fee Analysis revealed that Insurance companies are earning well below market rate on their cash balances.
Regulatory Insights
H.R. 2319/S. 1117 – The Importance of Restoring State and Local Government Access to Money Market Funds
New MMF regulations that were implemented in October 2016 are having major negative consequences for issuers and borrowers of debt held by money market funds. Specifically, Tax-Exempt MMFs (TE MMFs) are closing and assets are leaving. This is drying up a very important municipal financing conduit. Additionally, the flight of assets out of Prime MMFs is resulting in higher borrowing costs for municipalities as the pool of available capital decreases.
White Paper
Healthcare Firms’ Earnings Credit Rates Lag Market
Treasury Strategies, a division of Novantas, Inc. released its 2nd quarter Earnings Credit Rate benchmarks to our NDepth Bank Fee Analysis clients. Earnings Credit Rates are the balance-based allowances banks give their corporate customers to offset fees on treasury management services. The results showed some unusual patterns overall as well as striking findings for Healthcare
White Paper
2018 Corporate Treasury Priorities: Back to the Future
Each year, Treasury Strategies assesses the state of the treasury profession and key issues on the horizon. We supplement our rich experiences from corporate treasury consulting with a robust survey of treasury priorities, in which over 400 organizations participated this year. When we consider what our clients and survey participants are saying, we are reminded
Regulatory Insights
H.R. 2319/S. 1117 – Restoring Money Market Mutual Funds for Disaster Recovery
As our states and communities seek to recover from some of the costliest natural disasters in our nation’s history, they need more than government disaster assistance to repair and rebuild homes, schools, hospitals, utilities, businesses, bridges, roads and other critical infrastructure. They need low-cost private sector financing, and money market funds are among the most
Regulatory Insights
Maintaining Public Sector Funding Access: The Importance of Preserving Money Market Mutual Funds (MMFs)
New MMF regulations that were implemented in October 2016 are having major negative consequences for issuers and borrowers of debt held by money market funds. Specifically, Tax-Exempt MMFs (TE MMFs) are closing and assets are leaving. This is drying up a very important municipal financing conduit. Additionally, the flight of assets out of Prime MMFs
Regulatory Insights
Negative Impacts of New US Money Market Fund Regulations on Businesses and Municipalities
New Money Market Fund regulations which went into effect October 14, 2016 were intended to prevent future bailouts and enhance market stability. Instead, they have disrupted financial markets, hurt municipal and business borrowers, improved short term borrowing conditions for the U.S. government and agencies at the expense of investors and the private sector, and increased
Regulatory Insights
The Cost of Implementing the 2016 MMF Regulations
In 2014, the Securities and Exchange Commission (SEC) adopted new regulations for Money Market Funds (MMFs) which were implemented in Oct. 2016. The dust has now settled and we now know these regulations decimated both Prime and Tax Exempt, removing $1.2 trillion in capital from the private sector and raising the cost of borrowing for
Articles
New Legislation Would Turn Back the Clock on MMF Regulation
A host of political and procedural hurdles may have slowed the momentum for across-the-board rollbacks in Obama-era nancial regulations that were promised early in the Trump administration. Nonetheless, some money-market-fund industry observers hope the momentum will be regained at least enough to help push through bipartisan legislation introduced recently both in the U.S. Senate and
White Paper
Treasury: The First 100 Days
How corporate treasurers succeed. We wanted to find out what factors led to corporate treasury success so we asked our clients directly. They told us what they did, wish they had done, regret having done and recommend you do to succeed in any new treasury position. We’ve published our findings in “Corporate Treasury, the First