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The favoured idea is a single trading platform (or two or three linked platforms) on which all of the world's blue-chip equities can be traded, with a similarly consolidated back office.
Another 77 schools were consolidated back into their original school districts and were not counted in the report as being closed and 84 of the schools granted charters had never opened.
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Devlin has consolidated back-office functions like personnel, product development and accounting at his seven life insurance subsidiaries, cutting $200 million a year in expenses.
By consolidating back- office operations within each market, HCA will be able to cut costs.
M & T will take a $52 million charge for consolidating back-office functions.
G.M. recently created a new business services unit, which is intended to consolidate back-office systems and streamline operations.
The company has already cut the corners it is willing to, consolidating back-office operations and its Web businesses.
Still, U.S.A. Floral believes it can save money by consolidating back-office operations like accounting, finance, insurance and employee benefits.
Other savings could probably be made by consolidating back-office functions among England's 151 library authorities, and by making better use of technology.
About half will relate to information systems; a quarter to changes such as consolidating back-office functions; and the rest to training and customer relations.
The Southeastern regional bank the Union Planters Corporation said it would sell branches, consolidate back-office work and streamline management in an effort to improve profit.
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