Archived News: Deloitte Financial Advisory Services LLP
Read some of Deloitte Financial Advisory Services LLP's headlines from the past.
U.S. companies have a new reason to divest
Fortune | January 23, 2013
Deloitte’s 2013 Divestiture Survey Report has found that as the U.S. economy strengthens, divestitures are becoming more a matter of strategy than survival. Deloitte surveyed executives regularly involved in divestitures to assess the past experience of their companies, their outlook for the future, and the challenges they face. Read the Fortune article about the survey findings.
Retailers' Thanksgiving deals cut black friday sales
Bloomberg | November 26, 2012
Ramesh Swamy, a senior manager at Deloitte Financial Advisory Services LLP, speaks with Bloomberg about the latest retail trends, and explains why Black Friday as we know it may be a thing of the past.
Companies alseep at the bribery wheel
CFO.com | November 21, 2012
According to a recent Deloitte survey, more than 55.4% of respondents say that their company has plans to improve its anti-corruption programs. Bill Pollard, a partner in the FCPA consulting practice of Deloitte Financial Advisory Services LLP, discusses how the government’s vigilance in enforcing the FCPA is driving companies to improve compliance programs.
Gregory Swinehart leads new Deloitte division
New York Business Journal | November 1, 2012
Deloitte Financial Advisory Services LLP national leader for the forensic service area, Greg Swinehart, has been appointed to lead the newly-created analytics service area. "The establishment of this new analytics service area as is a natural evolution given its critical mass and the unique capabilities we bring to the market,” said Deloitte Financial Advisory Services LLP CEO David Williams.
Study: Confidence in due diligence lags as corruption risk in emerging markets rise
Compliance Week | October 29, 2012
Read the Compliance Week article about the Look Before You Leap survey by Deloitte Financial Advisory Services LLP quoting Chris Georgiou, partner in FCPA Consulting for Deloitte FAS and Wendy Schmidt, global service line leader of business intelligence services for Deloitte FAS.
Sheila Smith: From teaching to turnarounds
Journal of Corporate Renewal | September 2012
In an interview with the Turnaround Management Association’s Journal of Corporate Renewal, Sheila Smith, principal, Deloitte Financial Advisory Services LLP, explains how she came to co-lead Deloitte’s Corporate Restructuring Group and discusses some of her most gratifying professional engagements.
Companies show little concern about UK Bribery Act enforcement
WSJ.com | June 25, 2012
A recent webcast poll from Deloitte Financial Advisory Services LLP has found that one year after enforcement of the UK Bribery Act began, less than one-tenth of those polled are concerned about it and just 24.2 percent have changed their anti-corruption programs to comply. Yet, 62.6 percent of the respondents say the financial crisis has increased corporate corruption globally. Read the Wall Street Journal article about the poll findings quoting Chris Georgiou, Deloitte Financial Advisory Services partner.
The evolving role of the general counsel
Executive Counsel | June 20, 2012
As businesses face market volatility and increasingly complex business problems, better collaboration between general counsel and finance can bring better strategic vision, improved efficiency, and reduced risks. After all, as Deloitte Financial Advisory Services LLP CEO, David Williams, and principal Tamika Tremaglio point out, both departments are working towards the same goals—protecting the organization and building better value.
Fight over capital gains to have big say in bank M&A
American Banker | June 14, 2012
Deloitte Corporate Finance LLC’s new Financial Institutions Managing Director, Sharon Weinstein, tells American Banker that bank mergers will likely slow this summer but rev up in the fall – especially if a capital gains tax hike becomes a certainty. Read the full article to learn more about Sharon Weinstein and what the rest of the year may hold for banks in the M&A market.
M&A professionals had better learn to play nice
WSJ.com | May 22, 2012
Deloitte’s Corporate Development 2012 Survey has found that 41% of respondents said the board is more involved in M&A over the past two years and boards are requesting more frequent updates on deals. The survey also revealed that the M&A world is moving further away from transformational deals and more toward strategic partnerships. Read the Wall Street Journal article about the survey findings quoting Chris Ruggeri, Deloitte Financial Advisory Services principal and its M&A Services leader.
Deloitte: Due diligence on third-parties remains low despite enforcement
WSJ.com | March 19, 2012
A recent poll from Deloitte has revealed a starting disconnect – that while 2011 was the first year in which every U.S. foreign bribery enforcement action involved third parties, many companies conduct low amounts of due diligence on business partners. Read comments to the Wall Street Journal about managing third parties from Deloitte Financial Advisory Services partner Joe Zier.
Companies set to unleash the (cash) hoards
CFO.com | January 24, 2012
“In the status quo of this century’s second decade, companies have been tightfisted with their cash reserves, which for U.S. nonfinancial companies now total nearly $2 trillion. At the same time, boards and investors appear to be patient, says Justin Silber, a principal at Deloitte Financial Advisory Services LLP. For now, Silber suggests, boards aren’t putting pressure on management to deploy cash. ‘Boards are being more conservative,’ Silber says.”