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The latest news and information from Deloitte LLP and its subsidiaries. Press releases date back approximately 12 months, with the most recent appearing at the top of the page.

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Deloitte White Paper Suggests Risk Intelligent Approach to Outsourcing and Offshoring January 23, 2008 NEW YORK, January 23, 2008 — The global information technology and business process outsourcing market is approaching $600 billion and is growing rapidly. In today’s global economy, investments in outsourcing and offshoring initiatives have never been higher, or more critical to organizational success. To help companies address today’s significant outsourcing and offshoring risks and maximize the value of their outsourcing and offshoring strategy, Deloitte has published a new whitepaper titled, “The Risk Intelligent Approach to Outsourcing and Offshoring.”

Corporations are facing dramatically increasing risks as they...

Deloitte Reports Commercial Real Estate Still Attractive Despite Credit Chaos January 23, 2008 NEW YORK,  January 22, 2008 — While the credit crunch and economic uncertainty have caused investor anxiety and tighter lending standards, commercial real estate remains comparatively attractive with solid underlying fundamentals, plentiful capital, and steady allocations, according to Deloitte LLP’s Real Estate Capital Markets Top Ten Issues – 2008 Report, released today.

“In prior boom cycles, commercial real estate has responded by overbuilding. The industry has clearly learned its...

A New Year’s Resolution for Aerospace & Defense Companies: Optimize Their Supply Chain Or Risk Being Left Behind January 15, 2008 NEW YORK, January 15, 2008 – Information released today from the Deloitte Consulting LLP Aerospace & Defense (A&D) industry group indicates that achieving top-tier supply chain performance proves more elusive than expected. The risk of disruption and incremental costs for A&D companies is “real and significant” if companies don’t implement changes now to help ensure the longevity and success of their supply chains.

“The risks are imminent,” said 

Deloitte Research Leading Index Falls, Driven by Higher Inflation January 15, 2008 NEW YORK, January 15, 2008 -- The Deloitte Leading Index of Consumer Spending fell to a new low this month, driven by sharply higher inflation in November, combined with continued falling home prices.

“Increases in energy and food prices are reducing consumer purchasing power,” says Carl Steidtmann, chief economist with Deloitte and author of the monthly index. “Sharply higher inflation caused real wage growth to fall to close to zero percent this month and, combined with continued falling home prices, caused the...

Deloitte Financial Advisory Services Acquires Barrasso Consulting January 14, 2008 NEW YORK, January 14, 2008 - Deloitte Financial Advisory Services LLP (Deloitte FAS) announced today that it has acquired certain assets of Barrasso Consulting LLC (Barrasso), a firm specializing in planning and executing litigation discovery programs, to further enhance Deloitte FAS’ existing national Forensic & Dispute Services practice.

This strategic acquisition expands Deloitte FAS’ existing suite of services offered to companies and counsel related to disputes and investigations. As a result of this transaction, Deloitte FAS completes the continuum of services that it already offers: from...

Deloitte: The Business Issues That Will Matter Most in 2008 January 14, 2008 NEW YORK, January 14, 2008 – The 2008 Presidential election. Energy costs expected to continue their upward climb in 2008. Customers demanding more environmentally friendly products than ever before. Each are challenges and opportunities that will frame 2008, and are three areas that will have dramatic impacts across multiple industry sectors in the coming year, according to a Deloitte report being released today by Deloitte & Touche USA LLP.

“Executives who deeply understand the issues in their industry sector can better position their organizations for competitive advantage in an uncertain...

Chinese and Russian Retailers Break into the World's Top 250, According to Deloitte Study January 14, 2008 NEW YORK, January 14, 2008 – Retailers from China and Russia have for the first time entered the list of the world’s 250 largest retailers, according to a new report, 2008 Global Powers of Retail, from Deloitte Touche Tohmatsu, in conjunction with STORES magazine. A total of six retailers from the two countries have entered the Top 250 rankings, including Chinese retailer Bailian Group, which entered the list at number 101.1 The highest-ranked Russian retailer was X5 Retail Group at number 191. 

Dr....

Deloitte Survey: Top Banks' Compliance Spending Grows 159 Percent Over 5 Years January 14, 2008 NEW YORK, January 14, 2008 – Compliance costs at the some of the nation’s top banks have grown significantly faster than net income, according to a new survey of 20 of the top 50 banking and thrift institutions in the United States conducted by the Deloitte Center for Banking Solutions.

The report – Navigating the Compliance Labyrinth: The Challenge for Banks – finds that compliance spending grew 159 percent, on average, over a five-year period, with one bank stating its compliance-related...

Nearly One-Half of Americans are Creating Their Own Entertainment Content Online According to Deloitte’s 2008 State of the Media Democracy Survey January 7, 2008 LAS VEGAS, January 7, 2008 – Nearly one-half of U.S. media consumers are frequently creating online content for others to see, according to a soon-to-be released survey commissioned by Deloitte & Touche USA LLP.  This marks a 12 point escalation from a prior survey commissioned by Deloitte in the spring of 2007, challenging the conventional assumption that online content creation is limited to a niche group of technology-savvy individuals.  This and additional top-line survey findings will be released today at the Consumer Electronics Show in Las Vegas. 

Deloitte Studies Find Significant Opportunity for Cost Containment and Efficiency in Life and Annuities Industries January 7, 2008 NEW YORK, January 7, 2008 – Deloitte today announced the results of its 12th annual life and annuity back-office operations benchmarking studies, LIONS 2007 and ACES 2007, which provide comparative analysis widely used by top insurance companies to benchmark expenses for operations and information technology (IT). The analysis covers a variety of topics including efficiency, effectiveness, key trends, use of technology and business performance.

“Given the increasingly competitive and slow growth environment for life insurance products, cost containment through operational efficiency is considered a top...

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