sharing plan is a type of qualified defined contribution plan in which the employer contributes to the accounts of participating IBM employees. As the name implies, employer contributions are generally (but not necessarily) tied to the business's profits, allowing employees to 'share' in those profits.
Swaps were first introduced to the public in 1981 when IBM and the World Bank entered into a swap agreement.
The first swap was arranged by the Salomon Brothers on August 1981 and had the World Bank and IBM as counterparties.
IBM and the World Bank entered into the first formalized swap agreement in 1981, when the World Bank needed to borrow German marks and Swiss francs to finance its operations, but the governments of those countries prohibited it from borrowing.
GSA selects IBM to provide technology-managed service for governmentwide travel and expense management. WASHINGTON – The U.S. General Services Administration (GSA) has awarded a 15-year contract to IBM to provide a travel and expense (T&E) technology-managed service for the next generation of the E-Gov Travel Service.
The Independent Monitoring Board (IMB) for the Military Corrective Training Centre has an important role in monitoring the fair treatment of Armed Forces detainees held within the MCTC.
The Ministry of Defence is expecting to soon award a significant contract valued at £30 million to IBM for the delivery, integration, and initial in-service support of the Air Command and Control (Air C2) system, known as “GUARDIAN.”