bg-arrow-down icon-arrow-up icon-back-to-top icon-linkedin icon-menu icon-search icon-twitter logo-white slider-arrow-left-gray slider-arrow-left slider-arrow-right-gray slider-arrow-right

State of the Union: Complex challenges put treasurers to the test

US TREASURERS ARE FACING A NEW HORIZON OF UNFAMILIAR DECISIONS, A CHANGING INVESTMENT CONTEXT AND GREATER MARKET UNCERTAINTY. ANTHONY J CARFANG SETS OUT SOME POTENTIAL SOLUTIONS

There can be no doubt that, today, corporate treasurers around the globe have major challenges: slow economic growth, fallout from Basel III, FX volatility and financial crisis regulatory overhang. Treasurers doing business in the United States face all these, as well as several issues unique to the US market, namely:

  • Rising domestic interest rates;
  • New money fund regulations;
  • Collateral scarcity;
  • Reduced market liquidity;
  • Corporate tax-rate imbalances;
  • The strong dollar; and
  • An eventual unwinding of the Federal Reserve‚Äôs swollen balance sheet.

In our consulting work, we see US treasurers responding to these challenges in several ways: expanding staff; doing more with more; optimising technology; focusing on cash forecasting; updating policies; and centralising control.

The Treasurer

For more information

+1-312-628-6923