The amount of offshore cash U.S. corporations have returned homeso far this year is just a fraction of what President Donald Trump had promised.

A Morgan Stanley report released Thursday estimates thatcompanies brought back between $50 billion and $100 billion in thethird quarter—which would place the total amount repatriated backto the U.S. at around $514 billion. Companies repatriated $294.9billion in the first quarter and $169.5 billion in the secondquarter, according to previously released Commerce Departmentdata.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.