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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.

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Deloitte CEO applauds SEC decision on IFRS recognition June 20, 2007 Berlin, Germany – June 20, 2007 – Deloitte global CEO James H. Quigley said today that governments and regulators must continue with genuine efforts to achieve consistency in the development and application of global financial reporting standards and a global reporting infrastructure in order to enhance protection for investors. Quigley, speaking from Berlin where leaders from Deloitte member firms gathered at the organization's annual World Meeting, pointed out that the increasing cooperation between the U.S. Securities and Exchange Commission (SEC) and the European Commission to facilitate mutual recognition of financial...
Business leaders review the economic future of Europe June 8, 2007 Rome, Italy – June 8, 2007 —Business leaders gathered today at the Deloitte Global Forum in Rome to address the economic challenges in Europe and related corporate governance and talent management issues—two essential ingredients to protect and create shareholder value for European and global companies, and for sustainable business and economic development.

José María Aznar, the former prime minister of Spain, who was the guest speaker at the Deloitte Global Forum shared his thoughts on the development of Europe.

According to Mr. Aznar, "Europe as a whole is now growing at practically half the rate of growth of the world...

Deloitte appoints first Asia Pacific chief from the region June 6, 2007 SINGAPORE, June 6, 2007: Deloitte Singapore's CEO, Chaly Mah, has been appointed as the Regional Managing Partner and Chief Executive Office for Asia Pacific and a member of Deloitte’s global executive, effective June 1, 2007. 

The Deloitte global executive leads and manages the global organization's affairs, and is responsible for establishing the global vision and setting its strategic course. Mr Mah’s appointment is part of the new team put in place by James H. Quigley, the new global CEO of Deloitte whose term also commenced on June 1 2007. Jim Quigley succeeds William G. Parrett, who has served as...

New CEO James H. Quigley redefines 'best' for Deloitte June 1, 2007 New York, May 31, 2007 — Jim Quigley and his new leadership team take the helm of Deloitte Touche Tohmatsu on June 1, 2007, with one simple goal: for Deloitte member firms to be the best and achieve their vision of becoming the standard of excellence. According to the new CEO, the firms' passion for professional excellence and delivering measurable value to clients combined with a new focus on brand and people, will give the firms of the second-largest professional services network the edge to become the first choice of talented professionals, and ultimately, the leading firm worldwide within two years.

Quigley has a clear plan...

Deloitte CEO applauds President Bush's statement on open economies May 10, 2007 New York, May 10—The CEO of Deloitte and chairman of the United States Council for International Business, William G. Parrett, applauded President Bush's reaffirmation today of an open-door policy toward foreign investment in the United States and his encouragement that other nations follow this approach. President Bush today issued a ringing endorsement of open markets worldwide, urging other nations “to join us in supporting an open investment policy and protecting international investments.”

Read the full USCIB press...

Chairman of U.S. Council for International Business urges governments to avoid investment protectionism April 25, 2007 Berlin, April 25, 2007—At today’s first-ever G-8 Business Summit, the chairman of the United States Council for International Business (USCIB) William G. Parrett, also CEO of Deloitte, urged the leaders of the Group of Eight nations to maintain their commitment to the open flow of international investment across borders, realizing countries still need to address local issues such as national security.

"Governments need to take action at the highest level to avoid investment protectionism if we want to encourage the free flow and benefits of international investment," said Mr. Parrett, who represented the United States...

Airlines face US$600 million fraud loss April 23, 2007 London, 23 April 2007—Airline fraud is costing the industry over US$600 million a year according to a new report out today. The survey, undertaken by Deloitte and the IAAIA (International Association of Airline Internal Auditors), shows that fraud has increased five-fold since the last in-depth study of the industry six years ago. 79 percent of airlines participating in the survey have experienced fraud in the last 12 months.

Deloitte found the average airline loses US$3 million a year to fraud, with low cost carriers being the...

Deloitte CEO outlines value of CSR and measuring non-financial performance indicators for Chinese business during Boao Forum for Asia April 23, 2007 Boao, China, April 22, 2007— An opportunity awaits Chinese business to lead by example in understanding the value of measuring financial and non-financial performance indicators of business health, according to comments made by Deloitte CEO William G. Parrett at the BOAO Forum for Asia. Drawing on the findings of the second edition of the 2007 Deloitte Touche Tohmatsu global survey, "In the Dark II:  What many boards and executives STILL don’t know about the health of their business," released yesterday in China, Mr. Parrett said that more than 70 percent of companies worldwide are not yet measuring non-financial indicators of business...
Deloitte announces global agreement with SAP to deliver innovative solutions for emerging governance, risk and compliance (GRC) market April 23, 2007 New York, April 23, 2007—Deloitte Touche Tohmatsu today announced a collaborative global initiative among Deloitte member firms and SAP AG (NYSE:SAP) to develop and deliver enterprise solutions to better serve clients in their efforts to enable efficient, effective and sustainable governance, risk and compliance (GRC) management processes.

"With this alliance and broad services capability, Deloitte member firms are uniquely positioned in the governance, risk and compliance space with unequaled depth and breadth of competencies to deliver on their GRC vision," said Deloitte Consulting LLP, USA, Principal Lee Dittmar, global leader...

Innovation key to securing a competitive advantage for Indian manufacturing April 22, 2007 New Delhi, 23 April, 2007 — "Made in India" may well be espoused in the future by consumers around the globe. While the pace of change in the Indian manufacturing sector has been at a blistering pace over the last decade, there remain significant challenges ahead for the industry to achieve world-class prominence. However, according to a new report released today on "Globalizing Indian Manufacturing. Competing in Global Manufacturing and Service Networks," overcoming these hurdles is well worth the effort and will help manufacturing in India to thrive by fostering further expansion of domestic enterprises and boosting investments by global...
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