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The In-House Bank of Roche: "We Innovate Corporate Treasury"
內容大綱
Until 2002, Roche's treasury activities were decentralized. Then a number of external factors resulted in the multinational company recording a loss of CHF5,192 million. Determined to build a more robust centralized treasury system, Roche conceptualized and implemented an in-house bank (IHB) coupled with cash pooling from its affiliates worldwide.