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, October 1, 2003 — Deloitte Touche Tohmatsu, the global professional services organization, announced today its tenth consecutive year of annual growth, with combined worldwide revenues from its member firms totaling US$15.1 billion, a 20.8 percent increase over FY2002 revenues of US$12.5 billion. Additionally, the global organization announced the launch of the new brand name “Deloitte” to highlight the value of its multidisciplinary organization. Today’s change means that the firms known in various national and global markets as Deloitte Touche Tohmatsu, Deloitte & Touche, and Deloitte Consulting, while retaining their local legal...
New York, September 25, 2003 — Forget Scrooge ruining the 2003 holiday season. Buoyed by a much-improved business environment, consumer businesses should record their best profits in recent memory in the Thanksgiving-to-New Year shopping period, predicts Deloitte Research Chief Economist Carl Steidtmann in "Coming soon: The Millennium's Best Holiday Season! (So far)," a Deloitte Research Economic Report.
Dr. Steidtmann anticipates that non-auto retail sales this holiday season in the U.S. will...
New York, September 23, 2003 — "Citizen AdvantageTM: Enhancing economic competitiveness through e-government," a study released today by Deloitte Research, offers a new approach for evaluating the return on investment (ROI) of government technology investments. According to the study, public sector organizations should evaluate information technology (IT) investments not only by the cost savings they generate for government, but by the financial benefits they create for citizens and businesses. Today's study brings a new dimension to the valuation of IT, suggesting a direct correlation...
New York, September 15, 2003 — Alberto Terol has been named Regional Managing Partner for Latin America and the Caribbean for Deloitte Touche Tohmatsu. Terol succeeds Tom Cryer, who has retired from his regional role, but will continue to serve as Chairman of Deloitte's global insurance company, Nautilus Indemnity Limited.
"I'm excited about Alberto's selection as leader to succeed me in this regional role," Cryer said. "He has the depth and...
New York, July 29, 2003 — Alan Schneier has been named Global Managing Partner Tax & Legal Services for Deloitte Touche Tohmatsu. Schneier succeeds Jerry Leamon, who was recently appointed Global Managing Partner for Marketplace Services.
"Our tax practices are now clearly being recognized around the world as being the best. As a result of unprecedented expansion, enhancement of our talent base, outstanding financial results, and our total commitment to quality, we are ready to move to a whole new level of performance - to assume a position of clear global leadership. Alan Schneier's leadership...
London, June 11, 2003 — We are extremely satisfied with the outcome of the long-running Barings trial. Today's judgment by Mr Justice Evans-Lombe in the High Court in London is a vindication of our audit performance, and it is an unequivocal determination that officers of Barings Bank, not Deloitte & Touche Singapore, were responsible for the failure to prevent Nick Leeson's fraud and the subsequent collapse of the bank.
Over twenty of the allegations originally made against the firm were either dropped by the claimants or dismissed by the Judge. He found the firm only to have been negligent with respect to two very narrow...
NEW YORK, May 20, 2003 — "The role of boards today is making a big impact on the public's trust, therefore to restore this trust, our corporate board members must do the right thing every day, individually and collectively," said Sharon Allen, incoming chairman of Deloitte & Touche LLP's U.S. board of directors yesterday.
Allen made the statement while moderating a panel discussion "Things I...
ATLANTA, May 20, 2003 — An open, three-way relationship between the audit committee, the auditor, and management is vital to high-quality audits and effective corporate governance, chief executive officer of Deloitte & Touche LLP and its global organization Deloitte Touche Tohmatsu, Jim Copeland said this week.
During a panel titled, "New Board Relationships with Lawyers and Accountants," which was part of Emory...
Hong Kong, December 11, 2002 — Asia Pacific’s 250 fast growing technology companies have been identified in the inaugural Deloitte Technology Fast 500 Asia Pacific program. Compiled by Deloitte Touche Tohmatsu (DTT), The 250 leading companies were named on December 11, 2002 in Hong Kong. The program ranks the fast growing technology companies across Asia Pacific based on percentage revenue growth over three years.
Despite tough conditions for industry players in Hong Kong and across Asia Pacific, the 250 companies in the inaugural list have managed to achieve an average revenue growth of 385 percent over three years with the top 5...
New York, April 9, 2003 - Deloitte Consulting today announced the selection by its Board of Directors of Paul Robinson, 50, as its new Chief Executive-Designate. Robinson’s selection is subject to confirmation by a vote of Deloitte Consulting partners worldwide.
Mr. Robinson was formerly Global Leader of the firm’s Public Sector Practice and a member of Deloitte Consulting’s Global Operations Management Committee. He has been with the firm for more than 20 years. During that time, Mr....
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