cash

17 January 2017

The Mad Scientists of Monetary Policy: The War on Cash

Recently, there has been a global movement toward eliminating cash, Ron Rimkus, CFA, observes. It sounds strange, almost bizarre. Who exactly wants to eliminate cash? Why? What would we do without it? Rimkus explores these questions as well as the most critical one of all: Is it good for his mom?

05 November 2012

Cash As Trash, Cash As King, and Cash As a Weapon

By Tom Brakke, CFA

Individual investors should not be afraid to hold cash, even when it’s earning little, if it’s available to them when needed most. Investment professionals should get away from misguided notions about how much cash is too much cash in a portfolio.

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Curated Global Headlines by SmartBrief.com

EU, UK clearinghouses differ on euro-clearing shift

LCH says it has not seen a shift in euro-denominated clearing to the Continent, despite predictions the move would occur after Brexit. But EuroCCP CEO Cecile Nagel says, "The direction of travel is clear: There is going to be ongoing effort to drive more activity into Continental Europe." The Trade (UK) (20 Feb.)

Australia puts climate risk in stress test

The Australian Prudential Regulation Authority is increasing surveillance of whether financial institutions are ready to deal with risk posed by climate change by stress-testing climate resilience. Meanwhile, the Reserve Bank of Australia is trying to understand the "full dimensionality" of the economic impact from climate change. BNN Bloomberg (Canada) (20 Feb.)

Study: Industry faces $97B search for collateral

A study by Capco shows banks, custodians and buy-side firms need to find $97 billion in untapped assets to comply with EU and US regulatory requirements. These requirements have increased in recent years, and "while firms still need to focus on efficiencies and optimization, they will also need to tap previously neglected or unrecognized pools of collateral," Capco partner James Arnett says. The Trade (UK) (20 Feb.)

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