Last week, General Motors announced its intention to insource 90% of its outsourcing - impacting some 80,000 jobs and around $3bn in annual spend. It highlights that there will now be two years of work to unwind from a complex web of current contracts.\r
Yesterday, the head of compliance at HSBC publicly resigned, following a similar resignation the previous week by the CEO of Barclays. With the industry in disarray, the management of reputation risk has become core to survival.\r
Tim Cummins, CEO, IACCM
This resource is only available to our paid members. You can Join Us or Sign in to get access to this resource.