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Related Special Reports
...IBM built the IT services business in the 1990s as a bet that maintaining and sometimes running IT systems for companies would open up a new stream of revenue and help it sell more computers....
...Griggs said that having tax under one umbrella reflected how clients bought services from PwC....
...Should the professional service firm be sentenced to pay damages to Wirecard shareholders, it could shift its existing audit business into the new entity and declare the old one insolvent, he warned....
...But it has argued that Bing has a market share of just 3 per cent and further legal scrutiny would put it at a greater disadvantage....
...Salil Parekh, chief executive of rival Indian IT services company Infosys, said discretionary outlays by customers had been “slow” after it reported flat annual revenue growth last week....
...Airbus has walked away from talks with Atos over a potential deal to buy its prized data and security business, imperilling efforts by the French IT services company to avoid going into debt restructuring...
...And it expects the biggest increase to be in spending on software and IT services. This uplift comes as the technology industry has been battling a global downturn....
...ITV has been hit by lower spending by advertisers on linear TV channels, and has set out plans to reposition the group to focus on its growing digital streaming services, as well as expanding its global...
...In 2023, investors learned that it depended on what you intended to do with it. Think, for instance, of the US regional banking crisis that kicked off with the collapse of Silicon Valley Bank....
...Negotiations between highly indebted IT services company Atos and its lenders are hanging in the balance after one of its biggest creditors, Crédit Agricole, signalled it wanted to walk away....
...Airbus is working on an offer worth up to €1.8bn for Atos’s prized big data and cyber security unit, as the French IT services company seeks to restructure and cut its debt load....
...But the other problem with Other Business Services is its very otherness. We really don’t know what we’re looking at yet....
...-year high on hopes for governance reform, chief executive Takahito Tokita had also won over investors by selling off non-core businesses and strengthening the company’s focus on information technology services...
...UK chancellor Jeremy Hunt will on Thursday sign a financial services deal with Switzerland, claiming it will make it easier for financial firms and wealthy individuals in the two markets to do business with...
...Lenders hope that the partnerships will reduce their IT costs, help them to overhaul antiquated infrastructure and capitalise on AI to automate customer service and detect financial crime....
...As an industry disrupter AJ Bell’s success comes down to the low fees it charges for execution-only services. Pre-tax profits of £88mn rose 50 per cent last year....
...His comments, to an event in Brussels, came as Mairead McGuinness, the top EU financial services chief, said it was now a question of “when and how” the bloc shifts securities settlements to a single day...
...Atos is renegotiating the terms of a deal with Czech billionaire Daniel Křetínský to buy the French group’s lossmaking IT services business Tech Foundations as it seeks to raise funds to service its debt...
...The chair of problem-plagued French IT services group Atos Bertrand Meunier is set to step down, throwing the restructuring and asset sale plan he had championed into uncertainty, according to people familiar...
...Former UniCredit chief executive Jean Pierre Mustier has been appointed chair of indebted French IT services group Atos following the departure of Bertrand Meunier....
...If the Labour party — or any party — is really committed to breaking the “class ceiling” should it win the next election, we would welcome their support on mandatory reporting in financial services to drive...
...Claer Barrett’s interesting survey of the popular perceptions around the collapse in satisfaction levels of UK customer service (“How did it get so bad?”...
...Legal services AI that can automate data collection and analysis is also much in demand — and legal services providers have been early adopters....
...“It’s important that firms take time to reflect on whether they are communicating and marketing their services in an inclusive manner and avoiding gender-coded language and industry jargon, as well as highlighting...
...The approach underlines private equity interest in the sector and comes after several firms made investments in professional services businesses in the US and Europe....
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