Transformation Underway... But Nobody Cares

October 5, 2015

Trian’s White Papers most often highlight a company’s underperformance, recommended operating and strategic initiatives, and the value that we believe can be created by successfully executing those initiatives. Occasionally, we identify a company where management is like-minded with Trian and has initiated changes that Trian supports, but the market is skeptical. This was the case in both Lazard and Domino’s Pizza. We supported management, believed in their plan, and held them accountable to achieve it. In each of those cases, management and the Board created significant shareholder value.

Spotlight

ABBANK

An Binh Bank (ABBANK) is one of the leading commercial joint-stock banks and among top ten largest commercial banks in terms of charter capital in Vietnam. After 15 years of development since its establishment in 1993, ABBANK has made major breakthrough over the last 3 years, particularly through its cooperation with giant domestic and foreign corporates as follows: - Electricity of Vietnam (EVN) – ABBANK’s strategic shareholder, owning 27% of ABBANK’s charter capital.

OTHER WHITEPAPERS
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test capital whitepapaer

whitePaper | May 6, 2020

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A Proposed Financial Intermediary Fund (FIF) for Pandemic Prevention, Preparedness and Response Hosted by the World Bank

whitePaper | May 17, 2022

COVID-19 has highlighted the urgent need for collective action to augment the existing global health security financing system and mobilize additional resources for increased investments in pandemic prevention, preparedness, and response (PPR). Avoiding future pandemics requires investing substantially more in PPR; these investments will help avert the much larger costs that the world would have to incur if we were to be caught unprepared for the next global health crisis. Countries must step up domestic investments in the core capacities needed to prevent and contain future pandemics, in accordance with the International Health Regulations. This must be complemented by enhanced external financing, particularly for developing countries. The joint World Bank-WHO paper on PPR financing needs and gaps1 prpeared for the G20 Joint Finance and Health Task Force (JFHTF) estimated that external financing amounting to an additional $10.5 billion per year, over the next five years, is needed for investments at the country, regional and global level to strengthen the capacity of low-income and middle-income countries. PPR is a global public good. Mobilizing the needed external financing to strengthen PPR in lowand middle-income countries and regions, that are the most fiscally stretched and in need of financial support, is the collective responsibility of the international community.

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8 Actions to Manage Inflation

whitePaper | January 2, 2023

As consumer prices and global energy costs edge ever higher, it’s become clear that this bout of inflation isn’t transitory. Economists and business leaders alike agree that supply-chain-driven hikes will persist through the majority of this year at least, with stickier increases around labor possibly becoming permanent.

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Taking risk management to the next level in banking

whitePaper | March 8, 2023

Economic uncertainty. Rising interest rates. ESG concerns. Regulatory changes. Hypercompetitive consumer-centric markets. Today’s banking industry is enduring unprecedented change and new models offering efficient and flexible infrastructures are needed. Future-focused banks wisely put digital initiatives on their risktransformation agenda to replace outdated and inefficient processes.

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For the Capital Markets, Every Risk Playbook Needs to Implement These 6 Themes

whitePaper | June 14, 2023

The capital markets have not really benefitted from any tailwinds recently: Inflation rose and is not yet close to being stabilized; global interest rates jumped dramatically; there is slower growth, and geopolitical tensions seem to keep getting worse, among other headwinds.

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ISO 20022: Building a universal language for payments

whitePaper | July 30, 2022

In view of the increasing digitalization of payments and the high demand of real-time transactions, the cross-border payment I ecosystem is moving towards a new international messaging standard.

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Spotlight

ABBANK

An Binh Bank (ABBANK) is one of the leading commercial joint-stock banks and among top ten largest commercial banks in terms of charter capital in Vietnam. After 15 years of development since its establishment in 1993, ABBANK has made major breakthrough over the last 3 years, particularly through its cooperation with giant domestic and foreign corporates as follows: - Electricity of Vietnam (EVN) – ABBANK’s strategic shareholder, owning 27% of ABBANK’s charter capital.

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