Why companies still stash cash in bank accounts

06/21/2013 | CFO.com

(Getty Images)

The 2013 Liquidity Survey by the Association for Financial Professionals shows that most companies continue to place short-term cash in bank accounts, despite the end of an unlimited guarantee by the Federal Deposit Insurance Corp. However, this is not necessarily a show of confidence in the financial system. Rather, companies still find it profitable to place cash in bank accounts as earnings credit offered by large deposits still has a higher return than what is delivered by short-term cash investment.

View Full Article in:


Published in Brief:

SmartBrief Job Listings for Business

Job Title Company Location
VP of Video Content Distribution
Calkins Media
Levittown, PA
Administrative Assistant
Watco Companies
Los Angeles, CA