George Dessing tries to answer the increasingly hard question of where to invest cash.
In light of low interest rates and new rules for banks and money-market funds, corporate finance chiefs and treasurers are taking an unprecedented approach to new methods to invest cash.
“For the first time, Wolters Kluwer NV, an information-services company based in the Netherlands, is considering investing in European money-market funds to reduce its exposure to bank deposits.”
“It doesn't feel right when you put some money to a bank and get less back,” said George Dessing, Senior Vice President, Treasury & Risk.
This article originally appeared in the Wall Street Journal. You can access the article in its entirety via the Wall Street Journal.