Dirty white collars
Article Abstract:
A PricewaterhouseCoopers' survey of Handelszeitung Top 500-listed companies, selected banks and insurers, which maintain foreign operations, showed that these multinational companies lose about 400 million Swiss francs annually through white-collar crime. Hence, forensic investigations division manager Gianfranco Mautone suggests that companies create reliable internal corporate control systems to stop this crime. He warns that this systems should be put in place because white collar crimes may get worse with globalization, European integration and growing use of the Internet.
Publication Name: SwissWORLD
Subject: Business, international
ISSN:
Year: 1999
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Choosing a private bank
Article Abstract:
Swiss banks are reputed as the traditional leaders in managing the assets of private international investors. They have proven their track record of being a safe haven of wealth even at times of war, political upheavals and economic uncertainty. There are two types of private banks in Switzerland, namely, the classic 'banquee privee' or Privatbank and the publicly listed banks. The former is composed of the traditional and exclusive Swiss banks while the latter are those who turned themselves to limited banks that offers their clients complete transparency.
Publication Name: SwissWORLD
Subject: Business, international
ISSN:
Year: 1999
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Walking the tightrope
Article Abstract:
Management of international business enterprises has evolved into an integrated system that makes possible real time interactions with locally based corporate operations in different countries. PriceWaterhouseCoopers is considered the pioneer in this field. The company was able to offer its services even to its geographically disparate clientele. Managers in charge of these cross-national tasks have to deal with the complexities of cultural variances and the unique qualities of different local market conditions.
Publication Name: SwissWORLD
Subject: Business, international
ISSN:
Year: 1998
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