Large-Cap Treasurers Delve into Cash, Technology and Brexit at Next Meeting

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Large-Cap Treasurers Delve into Cash, Technology and Brexit at Next Meeting

 
BNP Paribas hosts the T30 LC peer group at their New York offices overlooking Times Square on October 11.
 
With so much cash planned for repatriation, treasurers at multinational corporations are finding it challenging to determine an optimal capital deployment strategy. As the members of Treasurers’ Group of Thirty Large-Cap Edition peer group get set to meet in October one of the biggest topics on their agenda is to touch base with each other on how to address cash.
 
Vocal investors may call for stock buybacks, but executives may wonder if the company would be better off using the cash for capital improvements, R&D or other investments that will help the business in the long term. The problem is deciding how buybacks and investments can be compared and whether the company should instead strengthen the balance sheet by holding excess cash or reducing debt.
 
The members will also tackle technology advances. Armed with a host of buzz words, acronyms and phrases, i.e., bots, RPA, AI, data visualization and blockchain, etc., vendors have been making their cases and pitching new products. But it is up to treasury to decide what to choose. This session will focus on real use-cases showcasing new treasury technology or treasury applications for broader-use technologies.
 
The other topic high on the agenda is Brexit and LIBOR replacement to help members separate the signals from the noise.
 
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