Reduce liability for losses on commercial accounts by adhering to four requirements. 


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Money Fund
Report AveragesTM


7-Day Yield — 0.02

30-Day Yield — 0.02

7-Day Comp Yield — 0.02

All Taxable Averages (Based on 1,029 funds with assets of $2.31 trillion - 5/15/13)

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Investment/Risk Management


Secrets of Top Performers

One of the most interesting characteristics of top-performing banks is that they often also possess top-performing bond portfolios. I guess success loves company.

If you read my column regularly...


As Samuel Clemens Wrote…

Samuel Clemens reportedly wrote, “The rumors of my death have been greatly exaggerated.”  Those who are close followers of the municipal bond market and knowledgeable of its process would...


Cash Flows in the Investment Portfolio

Prudent management of a bank’s investment portfolio requires a clear understanding of the dynamics of cash flows. A bond, or any financial asset for that matter, is essentially a set of future...


2011: What’s Ahead?

One of the best and most challenging parts of the banking business is that each year, you basically start over. It is the same ritual with the markets and 2011 has all the makings of a much better...


Memo to Passengers Sailing on the New QE2

The story goes … Federal Reserve Chairman Ben Bernanke took his board of governors and top economists on a research retreat to the Rocky Mountains. On a break day, they took to the hills for...


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