Tag:
Cash
Latest Headlines
Latest Headlines
Lots of cash, what to do?
Cash is king in hard times. But now that the economy seems to be bottoming out, more companies are faced with some big decisions about how to deploy their cash, which spells good news for investment bankers and investors. By one estimate (from JPMorgan JPM ), Standard & Poor's 500 companies
Citi: The price of stability
Bloomberg notes that Citi ( C ) has built up its cash to impressive levels: $244 billion. That compares with about $130 billion 17 months ago. Whew! The problem is that it needs every cent, which means the cash can't be deployed in ways that would benefit shareholders. This new caution makes
Top banks horde more cash
Cash is king, as it often is in times of crisis. Top financial services firms have been building their cash and near-cash positions, even as they face pressure to increase lending, notes Fortune. A recent article offers some examples of the newly cash rich.
Goldman Sachs' core excess liqu
