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American Beacon was created in 1986 by American Airlines to provide short-term cash management services to AMR and its employee retirement plans.
FORBES: Conflicts Abound at American Airlines' Pension and 401(k) Plans
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The Retail Banking segment provides deposit, lending, brokerage, trust, investment management, and cash management services to consumer and small business customers within its primary geographic markets.
FORBES: #169 PNC Financial Services
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McLaughlin left Ocean amid allegations of funneling cash to a management-services firm he then controlled.
FORBES: The Party's Over
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The goal is to sell five products to each customer, be they trust services, loans or cash management.
ECONOMIST: American banks
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They lack the more sophisticated and lucrative cash-management, foreign-exchange and other services of Western peers.
ECONOMIST: Japanese banks in Asia
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The firm overall is keen to sell more services to its big base of corporate customers, for example in cash management and trade finance.
ECONOMIST: The secret of a French bank��s success
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It would sell off most or all of its portfolio and invest the cash in financial services businesses--an insurance company, perhaps, or a fund management company.
FORBES: Looking for the Exit Sign