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...From customer service chatbots to data migration and overhauling research and development in healthcare, Schweizer said BCG is helping companies use AI to cut costs and increase productivity....
...Beijing has been clamping down on foreign consulting firms amid concerns about the implications of data leaving the country, prompting a drop-off in work....
...The deal was one of several recent examples of private equity firms investing in the professional services industry....
...It is good for fund managers who want to use this [information] in marketing through brokers,” said Lance Dial, a partner at the K&L Gates law firm....
...In a separate antitrust case, Brussels is consulting with Apple’s rivals over the tech giant’s concessions to appease worries that it is blocking financial groups from its Apple Pay mobile system....
...As part of a review of the business after Sieg joined, the consulting firm McKinsey identified 800 Citi clients who had significant net worth but did not have any investments with it, the people said....
...Four have adopted pro-ESG laws, according to the K&L Gates law firm....
...Inc., a footwear company based in California, agreed to settle charges for failing to disclose payments for the benefit of its executives and their immediate family members....
...Free cash flow, however, reconciles those book accounting accruals of the P&L ledger to capture the real flows of actual dollars coming in and out....
...But, as with all things in financial services, the hand that giveth is the hand that takes away....
...Even so, Rich Kerr, an attorney who co-leads the digital assets team at law firm K&L Gates, is optimistic that the new crop of spot bitcoin ETFs might be easier to approve than expected....
...Discover Financial Services has named TD Bank’s Michael Rhodes as chief executive....
...The persistence of historically high inflation means the real-terms value of a new consulting job will be sharply lower next year....
ADM, Chemours, Mattel and NYCB are among groups admitting that weaknesses in controls delayed financial reports
...Four consulting firms, including McKinsey and BCG, have been accused of failing to comply with a US congressional subpoena of documents related to their work with Saudi Arabia’s sovereign wealth fund....
...The heads of consulting giants McKinsey and BCG told US lawmakers on Tuesday that their employees in Saudi Arabia could face jail if the firms handed over details of their work for the country’s sovereign...
...Becker took the helm of RSM US in 2022 having previously run its consulting business....
...He was fired by FTI Consulting in November after seeking more control and a bigger piece of the pie for his economic consulting unit, Compass Lexecon, that resided within the company....
...An executive from consulting firm Alvarez & Marsal was detained in the United Arab Emirates while working to overhaul a Nasdaq-listed company that US authorities charged with fraud last month, according...
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...Fraser, a veteran of the consulting firm McKinsey and investment bank Goldman Sachs, took over in early 2021 with a mandate to fix Citi after the bank had underperformed its peers for years....
...Many recordkeepers still do not offer ETFs in 401(k) accounts because of operational issues. But it is not just ETFs that are taking money from mutual funds....
...The further challenge for the UK (which has a resilient services sector), adds Figures, is that modern goods increasingly come bundled with services — like connected cars — which will weigh on UK trade....
...Maybe it could hike the average take rate, which is the cut it takes from each driver’s fare in addition to the service fee....
...access to a service or bypasses censors....
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