From the perspective of treasury and finance departments, the uncertainties just keep coming, whether it’s the European debt crisis, the fiscal cliff or new regulations. Those uncertainties are encouraging a significant portion of companies to continue to build their cash reserves, which were already at historically high levels.
There’s no question that litigation costs loom among the top concerns currently bogging down companies. In fact, anywhere from 20 to 50 percent of a corporation’s legal spend is earmarked for litigation and e-discovery costs.
Administration eyes the estimated $2.6T in offshore money.
May and Carney fire back at Barnier over trade deal warning.
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