Much has been written about Starbucks’ successful strategy in China. The company is opening a store a day and aims to have 5,000 stores in the next few years.

I’ve lived through both the highest highs and lowest lows of the IPO market since I first began working in Silicon Valley in the late 1990s. I’ve experienced both the manic days of the dot-com boom’s seemingly daily S-1 filings (remember Pets.com and Webvan?) and the darkest days of the Great Recession (and everything in between).

Leading global professional services firm Alvarez & Marsal (A&M) has bolstered its Financial Industry Advisory Services practice with the appointment of Michael Henry O’Keefe as a Senior Director in New York.

In the following Hispanic Executive interview, A&M Managing Director Ernesto Perez discusses the expansion of the firm’s tax presence into new markets, trends in the industry and the development and promotion of the 260 employees he oversees across ten global offices.

Data is the lifeblood of any modern organisation – it controls how we operate, how we make money and assists with driving competitive advantage within any industry. Even for the most traditional brick and mortar organisations, data is crucial in all forms: from intellectual property (IP) to a company’s most basic customer lists and staff records.

A&M has compiled a short list of action items that business leaders should take heed of now and in the days to come in order to maximize recovery from property damage and business interruption insurance claims:

A&M’s dedicated medical cannabis tax team understands the unique needs of public and private cultivators and dispensaries, as well as the multistate and international tax issues and risks they face.

In the wake of a notable decrease of foreign direct investment (FDI) in the first half 2017 (down 5.43% year-on-year), the Chinese government is making tremendous efforts to encourage more foreign investment in China in the interest of sustainable long-term economic growth.

The Consumer Financial Protection Bureau (CFPB) recently announced the development and implementation of a supervision program focused directly on service providers – the National Information System Supervision Program (NISSP), which is a comprehensive examination program new to service providers in the financial services industry.

In March of this year HM Revenue & Customs (“HMRC”) published a consultation document in respect of non-resident companies who are chargeable to UK income tax and/or non-resident capital gains tax (“NRCGT”), particularly aimed at those owning UK property.

On July 27th, many industry groups experienced the thrill of victory while others, the agony of defeat, when the White House and top Republican lawmakers issued a joint statement announcing that the Border Adjustment Tax (affectionately referred to as the “BAT”) would no longer be included in future Republican-based proposals on tax reform.

The FASB is expected to soon publish an update to one of the most complex parts of U.S. GAAP - hedge accounting.

The UK Treasury and HMRC have published a detailed consultation on the legislation which will be introduced next year to restrict interest deductions for UK groups following Action 4 of the OECD BEPS initiative. This Update provides a high level summary of the proposals and identifies some of the key issues to be considered.

In the following WealthManagement.com Midyear Outlook article, Craig Walling discusses the impact of the digital age on the Wealth Management industry, and what it means for investors and advisors alike.

Alvarez & Marsal (A&M) has expanded its Corporate Performance Improvement group and bolstered its operational and supply chain expertise with the addition of seasoned professionals. Brian Rayburn and Mark Uffhausen join as Managing Directors in the Houston office, and Jose Contreras joins as a Managing Director in the Dallas office.