This insight is meaningful, as about 40% of big-company mergers require some kind of turnaround, according to Lessons from Eight Successful M&A Turnarounds
Key challenges remain including cyber security, regulatory compliance, fork management and accounting.
The study concludes that GCC wealth clients need expert guidance in both structures and products, services and merits of International Finance Centers in order to match the complexity of compliance procedures with enhanced knowledge and attention to detai
The survey found that factors deterring them from implementing technology strategies include rigid business models, political resistance, and emotional ties to loyal staff and existing assets.
Considering that almost 50% of Ultra High Net Worth family wealth is being managed through Family Offices, it is critical that adequate measures are put in place to defend these firms from the growing threat of increasingly sophisticated cyber-attacks.