ALCO


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ALCO

Asset-Liability Committee

Also called ALCO. A committee at a bank charged with ensuring the bank has enough assets to pay for its liabilities. It does this by monitoring the risk of the bank's investments as well as its capital structure. It reports to the board of directors and generally must also provide information to regulators.
References in periodicals archive ?
The Brighouse firm was set up in 1977 and produces goods under the brands Alco Hi-Tek, T Alco Valves, Alco Sub-Alco Sub-V Tek, and T Alco Process.
Alco is regulated by the CPUC, but regulations are fairly well defined, and Alco has received timely rate relief.
This partnership with SMTC will allow both firms to leverage our distinct capabilities into an operating model that is cost effective for both Alco and SMTC, while at the same time offering SMTC's customers a low cost alternative to North American manufacturing," adds Wilson Leung, a Director of Alco.
Alco also operates IKON Office Solutions, a leading office technology solutions company with annual revenues exceeding $4 billion.
Alco previously announced it would spin off Unisource through a tax-free distribution of Unisource stock to Alco shareholders, and shortly thereafter, change Alco's name to IKON Office Solutions.
I am delighted that he has agreed to return to the company full time," said John Stuart, Chairman and Chief Executive Officer of Alco Standard.
Haskell joins ALCO from Brencor, where she was a district manager managing properties in Memphis.
Quinn joined Alco in 1994 as Manager of Foreign Exchange and Cash Management.
At two of the newly-purchased properties, Tranquility and Gates, ALCO has initiated significant capital improvement programs, including replacing the exterior siding, adding central air conditioning, resurfacing parking lots, and adding new office space.
10 /PRNewswire/ -- Alco Standard Corporation (NYSE: ASN) announced today that it intends to redeem all of its Series AA Preferred Stock, effective February 9, 1996.
Johnson has been with ALCO for more than 20 years, and is responsible for implementing the firm's strategic plan for growth.