HSBC Securities clients may elect to have
their idle cash balances swept into money market funds including funds that are managed by AMUS and affiliates, and for which they receive advisory fees.
Whatever country of our world has the status of reserve currency must issue debt, and a lot of it, that other countries can invest in to park
their idle cash balances.
We have established risk councils in the problem areas and are spending a lot of time advising clients how to minimize
idle cash balances.
Not exact matches
That means the
cash balance in your account is likely to be highest in early January, and you can reinvest all that
idle money when you rebalance.
The company hasn't sat entirely
idle with ballooning
cash balances, instead paying a $ 0.50 quarterly dividend while repurchasing shares to boost shareholder value.
Managements want to prevent hostile takeovers through not leaving a lot of
idle cash on the
balance sheet.