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Monthly Archive: July 2007

Rapid Globalization Propels Record-Setting Global IPO Markets


Christina Broder, Staff Reporter

"""Globalization"", which is the fourth annual Global IPO Report released by Ernst & Young, declared that the accelerated globalization continues to drive world IPO markets to record levels as investors, companies and stock exchanges look outside domestic markets increasingly for high opportunities of growth.

The report discovers the main trends of IPO of […]

Accenture Reports Strong Q3-2007 Financial Results

"Accenture reported strong results for the third-quarter of fiscal 2007 which ended on 31st May, showing record net revenues of $5.08 billion. For the third consecutive quarter, both consulting and outsourcing revenues increased by double digits in U.S dollar terms. Compared with $0.56 in the strong third quarter of fiscal 2006, GAAP diluted earnings were $0.54 per share. For the […]

As HNWIs Needs Become More Complex, Wealth Management Models Should Evolve

"The yearly World Wealth Report that has been issued by Capgemini and Merrill Lynch revealed that the wealth management firms are advancing towards more dynamic needs-based client service approaches.

The report revealed that almost 10 million High Net Worth Individuals of the world have gone through major changes in their demographics, source of income and spending goals. Bertrand Lavayssière, Group Director, […]

Deloitte Says, Manufacturers Missing the “Y-Factor”

"According to a new study from Deloitte s Manufacturing Industry, manufacturers are missing the Generation Y, or the ""Y-Factor"" in how they control their talent. This Generation Y, or ""Y-Factor,"" is the up coming talent upon which the manufacturing companies will base the success or failure of their future. The report predicts that by the year 2025, about 40 to […]

Accenture Announces Scholarship Winners

"On June 26, 2007, Accenture, declared the names of the first 20 winners of its Junior and Community College Scholarship awards, which was started by the company earlier in the year 2007, in order to support Junior and community college students who are preparing to enter bachelor s degree programs. The Junior and Community College Scholarship Fund of Accenture is […]

Europe Scores Highest For GST/VAT, But Lowest for Company Taxes

"The latest global corporate tax rate study made by KPMG international has found out that the lowest company taxes among the developed economies are still found in the European Union countries.

At the beginning of the year 2007, an assessment of corporate tax rate made in 92 countries revealed that, the average rate in the European Union was about 24.2 percent, […]

Capgemini and Merrill Lynch Release 11th Annual World Wealth Report

Christina Broder, Staff Reporter

"According to the 11th annual World Wealth Report, released by Capgemini and Merrill Lynch, in the year 2006, the wealth of the world s high net worth individuals (HNWIs), driven by a strong global economy, increased 11.4 percent to US$37.2 trillion. In the year 2006, the number of Ultra-HNWIs (ultra high net […]

KPMG Member Firm in Switzerland Votes to Join KPMG in Germany and the U.K.

Kenneth Guillame, Staff Reporter

"The member firm of KPMG in Switzerland has decided to join KPMG in Germany and the U.K. as part of the merger which will build the largest accountancy firm of Europe. This new single entity will become KPMG international s member firm, which will provide Advisory, Tax and Audit services.

There will […]