The tentacles of the credit crisis have reached into cash management asTreasury & Risk's annual cash management survey shows. The more than 150 treasurers, CFOs and other senior finance executives responding to our survey this year named "credit commitment" as one of the top three reasons for choosing a bank. Last year, "credit commitment" didn't even make the short list. Going hand-in-hand, respondents this year also noted "increased pressure to award cash management to credit providers" as one of the greatest challenges they face. Meanwhile, making greater use of "outside managers" slipped ahead of "commercial paper" when respondents were asked what they would do to maximize their rate of net return in anticipation of a potential rate hike.
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