Deloitte's Global Press Releases page contains links to news and information about the firm's activities around the world. Press releases in this area of the site date back approximately 18 months, with the most recent appearing at the top of the page.
For press releases at the country level, please select the relevant national practice from the Global Site Selector at the top of this page, then proceed to the appropriate press or news-related area of the site.
New York, April 19, 2005 — Many of the world's largest organizations that were quick to participate in information technology and business process outsourcing are bringing operations back in-house and exploring alternatives, according to a new Study released today by Deloitte Consulting LLP, an associated partnership of Deloitte & Touche USA LLP. Ironically, dissatisfaction in areas that traditional outsourcing was expected to improve, such as costs and complexity, was found to be the primary reason behind participants' negative responses.
London, March 28, 2005 — The European buy-out market reached a record €80.2 billion in 2004, according to the Centre for Management Buy-Out Research (CMBOR), Europe's pre-eminent provider of analysis on the UK and European buy-out market.
Sponsored by Barclays Private Equity and Deloitte, the figures (See PDF file attachments below) are the most comprehensive compilation of pan-European data for 2004 and show that continental Europe has broken the €50 billion mark for the first time, widening the growing chasm with the UK buy-out market (€30.1 billion in 2004) for the fourth consecutive...
London, March 16, 2005 — The Technology, Media and Telecommunications (TMT) Industry Group at Deloitte today released its Deloitte Touche Tohmatsu (DTT) Global Telecommunications Index ("Global Telco Index"), revealing that the combined market value of the Index companies increased 29 percent from 1 January 2003 to 31 December 2004 — a far cry from the previous publication, which outlined a 69 percent decrease from 1 January 2000 to 31 July 2003.
London, January 17, 2005 — Research into the world's biggest football clubs, by income, shows the top 20 are set to break the €3 billion income mark in 2005. The research is based on the latest available information for the 2003/04 season. Key findings from the Deloitte Football Money League (formerly the "Rich List"):
Manchester United maintain top position for the eighth year in a row with income of €259 million;
In second place Real Madrid have halved the gap between themselves and Manchester United;
Madrid, February 14, 2005 — The recent building fire in Madrid has destroyed the local Deloitte office. In response, Deloitte Spain would like to communicate the following (For information in Spanish, please visit the Deloitte Spain Web site):
Deloitte greatly appreciates the work of the fire, police and emergency departments for ensuring the safety of all its professionals and building residents. There have been no casualties reported as a result of this fire.
Currently, our Madrid office is working to recover its IT...
New York, January 31, 2005 — Deloitte Touche Tohmatsu (DTT) announced today its member firms have been recognized as the world's best for securitization accounting by International Securitisation Report (ISR), a securitization trade publication based in London. ISR recognized the winners at its annual awards ceremony held at the Dorchester Hotel in London on January 26. Deloitte was further recognized for having won the award for seven consecutive years since inception.
ISR, a Thomson Financial publication, gathered information with supporting data from securitization professionals around the world, including...
Davos, Switzerland, January 27, 2005 — Corporate and community culture is one of the greatest considerations for CEOs and Boards when making tough business decisions, Deloitte CEO William G. Parrett today reported from the World Economic Forum in Davos. Today's business environment with increased regulation, greater accountability and added security risk is also changing the way CEOs and their boards are leading companies. Recognition of having both the best and the right people was cited as critical to the successful globalization of businesses (Related thought leadership: "
Davos, Switzerland, January 26, 2005 — Amidst the optimism, real challenges still lie ahead if China is to build domestic private companies to serve not only its burgeoning domestic market but also to play upon the global stage against the world's multinational corporations, says Deloitte CEO William G. Parrett, who participated in the World Economic Forum panel on China.
The effort required, Mr. Parrett says afterwards, will amount to a "fifth modernization" of the country, similar to the famous Four Modernizations initiative launched 25 years ago by Deng Xiaoping when the premier singled out agriculture, industry,...
New York, January 16, 2005 — An upbeat global economy, technology investments that are beginning to yield returns and improved stock performance bear good news for retailers, according to Deloitte's expanded "2005 Global Powers of Retailing" study. However, competitive pressures and other challenges will ensure that retail executives do not sit back and enjoy the good news. The study, which covers the largest 250 global retailers — expanded from 200 in previous years — suggests that exciting times lie ahead for the...
Seoul, Korea: December 14, 2004. It was announced today that the two Deloitte member firms in Korea, Anjin Deloitte LLC. (Anjin) and Deloitte & Touche /Hana (Hana) agreed to merge.
The CEO of both firms, Mr. Yang, Seung Woo from Anjin and Mr. Jae Sool Lee from Hana and other management members today met at the CCMM Building in Yoido and signed the final agreement.
On December 13, 2004, partners of Anjin and Hana held a meeting and approved the merger.
Both firms signed a memorandum of understanding (MOU) in April 2002. After signing an agreement on the integration schedule in July 2002, the merger will...
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