Until 2002, Roche's treasury activities were decentralized. Then several external variables recording a loss of CHF5,192 million.
Determined to construct a more robust central treasury system, Roche conceptualized and implemented an in-house bank (IHB) coupled with cash pooling from its affiliates globally.
The In-House Bank of Roche We Innovate Corporate Treasury case solution
PUBLICATION DATE: June 25, 2012 PRODUCT #: INS169-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING