Zurich Insurance rocked by CFO’s suicide
The CFO of Zurich Insurance, Pierre Wauthier, who committed suicide last week, wrote about his relationship with chairman, Josef Ackermann, in a suicide note, the company confirmed on Friday.
The CFO of Zurich Insurance, Pierre Wauthier, who committed suicide last week, wrote about his relationship with chairman, Josef Ackermann, in a suicide note, the company confirmed on Friday.
The OECD's call for a "fundamental" rethink of corporation tax frameworks received instant backing from the G20 group of finance ministers on Friday.
The leaders of the G8 group of industrialised nations have agreed to clamp down on tax evasion, money laundering and corporate tax avoidance schemes, following the conclusion of their 2013 summit in Lough Erne, Enniskillen in Northern Ireland on Tuesday.
UK Prime Minister David Cameron, who will be chairing the G8 2013 summit as part of the UK’s presidency of the industrialised group of nations, said fairer taxes, greater transparency and more trade would be the key themes of the meeting.
Microsoft has named Amy Hood as its group CFO in an internal promotion, announced late on Thursday.
Google's executive chairman Eric Schmidt defended his company's payment of a mere £6.09 million (A$9.06m) in UK corporation tax for 2011 on a turnover of £395 million and said his firm's management of its tax bill was not very different from British firms in the US market.
The World Trade Organization (WTO) has lowered its trade growth forecast for 2013 from 4.5 percent to 3.3 percent.
In the nascent but highly promising world of business process management, the competition is stiff and rewards for success are aplenty. Genpact, which began life as a GE company, has certainly made its presence felt in little over a decade.
Enterprise application, analytics and efficiency solutions provider SAP has some of the biggest names in the corporate world as its clients with a number of FTSE 100 finance chiefs relying on it for customised software platforms.
The Organisation for Economic Cooperation and Development (OECD) has called for an urgent overhaul of international corporate tax regulations to curb multinationals corporations’ employment of loopholes, in various jurisdictions.
Environmentally friendly policies have never had to be at the forefront of finance chiefs’ minds, but that may be changing. New research finds that chief financial officers are increasingly conscious of sustainability concerns.