Businesses looking to protect their cash by parking it in deposit accounts are quickly becoming a greater risk for banks.
A survey released Tuesday shows more than half of the cash held by U.S. companies is sitting in various bank accounts rather than other types of investment vehicles. While cash at banks is rising, hardly any of those depositors are applying for loans.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access