Planning for Post-Reg Q

Some banks aim to be ready to compete with interest-bearing corporate accounts when rates rise.

Banks have a secret following July’s repeal of Regulation Q. Most now offer the interest-bearing corporate accounts the rule prohibited, but you have to ask to find that out.

When rates rise, however, companies can expect aggressive competition for their short-term investment dollars that likely will include fewer money-market funds and sweep accounts.

Comments

Advertisement. Closing in 15 seconds.