Summer 2009

Treasury Trends   Corporate Treasury Ascends in Strategic Value During Turbulent Economic Period Effective management of excess liquidity has resulted in greater focus on treasury processes, risk management and treasury policy procedures. Consequently, the treasurer's role within organizations has increased in profile and strategic importance. Entire Article Liquidity Management   Chase Yields or Remain Conservative? FDIC Changes Impact Deposit Choices Last fall's economic crisis influenced many corporations to steer their short-term cash into the most conservative deposit options. Today, with growing confidence in the US banking system, firms are now considering other choices, such as foregoing Federal Deposit Insurance Corporation protection in order to eliminate costs and seek higher yields. Entire Article Foreign Exchange   Settlement Program Next Step Toward Making Renminbi a Global Currency In conjunction with its growing economic power, China continues to take steps toward establishing the renminbi (RMB) as a global currency, a development that would shake up the status quo and could in years ahead have a variety of effects — both positive and negative — on US multinationals. Entire Article Financial Messaging   SWIFT for Corporates Expands its Appeal Direct connectivity to SWIFT has been enabling more and more corporates to standardize their bank communications infrastructure and achieve a higher degree of straight-through processing. Entire Article Previous Editions Visit Our Web Site Conferences AFP Annual Conference 2009 October 4-7 Moscone Center San Francisco, CA EuroFinance – International Cash and Treasury Management October 21-23 Bella Center Copenhagen, Denmark Did You Know ... that over 60% of Deutsche Bank's work force is based outside of Germany? Recent Awards Euromoney Euromoney Awards for Excellence (July 2009) Best at Cash Management in Western Europe Global Finance Best Treasury & Cash Management Awards (February 2009) Best Overall Bank for Cash Management – Western Europe Treasury Management International Excellence in Treasury Management Poll Awards, (January 2009) Global Cash Management Bank of the Year