International Finance

Tag : strategy


Companies shifting R&D spending to software and services

PWC’s Strategy& study says there is a shift away from product-based offerings October 27, 2016: By 2020, companies will have shifted the majority of their R&D spending away from product-based offerings to software and service offerings, according to the 2016 Global Innovation 1000 Study from Strategy&, PwC’s strategy consulting business. The need to stay competitive is the top reason...

ING to shed 7,000 jobs

Jobs cuts to mainly take place in Belgium and The Netherlands IFM Correspondent October 4, 2016: Dutch bank ING, the country’s biggest lender, announced plans to shed 7,000 jobs, mainly in Belgium and The Netherlands. The plan is part of cost cutting measure for the company, which will help it save $1.01 billion by 2021....

Enforcing debt when trading with Eurozone customers

International Finance Desk
Implications of Brexit and the importance of a carefully designed risk management strategy Sophie Brackenbury September 19, 2016: Our commercial dispute resolution team was recently instructed to advise on the enforcement of a debt owed to a German business (our client) by a UK company, as part of our debt recovery service.  The outcome was...

Bank Rakyat starts 2015 with new corporate office

It embodies the bank’s commitment to deliver nothing but the best to its 5 million customers and 950,000 members March 13, 2015: Bank Rakyat started 2015 by launching Menara Kembar Bank Rakyat, its new corporate office located along Jalan Travers, on the fringes of KL Sentral. Operating in a very conducive and modern environment, it...

Sacombank is reaping the benefits of its customer centric model

Its successful retail strategy is based on human resources, technology, financial capability and branch network March 2, 2015: Even since it was established 23 years ago, Retail Banking Strategy has been the key for Sacombank. It adopted a “Customer Centric Model” very early in order to achieve excellence in customer service as the main differentiating...

Companies are realising the benefits of digitisation

IFM spoke to Paul Jeruchimowitz of Accenture Strategy about the conclusions from their study ‘Disrupt or be disrupted: The impact of digital technologies on business services’ Suparna Goswami Bhattacharya December 23,2014:It is a well-known fact that traditional organisations are now following the example of firms and industries which have been highly influenced by digitisation. Hence,...