Stick to what you’re good at
Mark Lazberger, chief executive officer at First State Investments, talks to Asia Asset Management in an exclusive interview about the firm’s operations globally and more specifically on its Asian ambitions.
Best Buy head of U.S. business to leave, company sees profit down
Best Buy Co Inc U.S. business president Mike Vitelli will leave the company at the end of the current fiscal year as the electronics retailer restructures that business, removing the top layer of the U.S. operation's management.
Found more than 1 month ago on channel Reuters
What makes a company 'too big to fail?'
Monday, October 22, 2012 - 04:34 Carsten Koall/Getty Images Prudential Financial is under federal scrutiny, along with several other companies, for being a "systemic risk." Is Prudential Financial too big to fail? Bloomberg reports that federal regulators are looking into the insurance giant to gauge whether the company is "systemically important." If it is, Prudential could be in for a world of red tape. What does it mean if a company is systemically important? "You have to be incredibly successful, because you have to be big and interconnected," says Justin Wolfers, a professor of economics and public policy at the University of Michigan. "It means they’re so big and their financial transactions are so interconnected with other firms, if they went belly-up, it could possibly cause some kind of financial crisis." Looking at the systemic importance of companies is part of the Dodd-Frank Financial Reform Act -- a response to the financial crash. A federal council was created to watch ...
CSRC clamps down on company offshoots
Regulation: The CSRC has launched a draft aimed at regularising the formation and operations of the subsidiaries of domestic securities investment fund management companies
United States: The Role Of Information Technology Risk Assessment In Enterprise Risk Management - Information Technology Strategy, Assessment, Operations And Oversight Processes - SNR Denton
The new and/or emerging risks that management and Boards of Directors face today include those arising from rapid transformation in the delivery of technological solutions.
Found more than 1 month ago on channel Mondaq