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McKinsey
McKinsey website touted its advice to Chinese government ministries
...The Financial Times reported last week that a McKinsey-led think-tank had separately advised China to deepen co-operation between business and the military and to push foreign companies out of sensitive...
February 27, 2024
McKinsey
McKinsey’s Bob Sternfels forced into a run-off in leadership ballot
...Zemmel, a 29-year veteran of the firm based in New York, is the global leader of McKinsey Digital, which advises companies on digital transformation and data analytics....
January 26, 2024
FT Live
US Decarbonization and Industrial Transition Summit
Securing the resources to build and finance America's clean energy future
Wednesday, 29 MayWashington, D.C., USA
McKinsey
McKinsey-led think-tank advised China on policy that fed US tensions
...& Company and co-chair of UCI....
February 23, 2024
Kering SA
Kering and EssilorLuxottica among suitors for eyewear maker Marcolin
...Marchon and Safilo are considered the least likely buyers, with Marchon comparatively smaller than the other companies and Safilo having experienced a recent weaker financial performance....
March 9, 2024
LexManagement consulting
McKinsey’s job cuts reflect a more cyclical future for consultants Premium content
...McKinsey employs 45,000 people globally. But they reflect changes in the way these companies work....
April 7, 2024
Transcript
Transcript: McKinsey’s China problem
...Marc Filippino Which brings us back to the Indian conglomerate Adani and its partnership with the Israeli company Elbit....
February 29, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
FirstFT
FirstFT: McKinsey website touted its consulting for Chinese government ministries
...The European parliament said the company had repeatedly refused to engage with it about its approach to workers’ rights and labour conditions....
February 27, 2024
McKinsey
McKinsey in soul-searching mood after Bob Sternfels’ re-election
...One person familiar with the internal dynamics complained that things that would be normal practice in most companies seemed at McKinsey to spark anguish over whether the firm was being true to its values...
February 5, 2024
McKinsey
McKinsey partners re-elect Bob Sternfels after leadership challenge
...In recent years, the firm has “deepened its capabilities in implementation, digital and organisational transformation, and sustainability consulting, including by acquiring more than 25 companies”, McKinsey...
February 2, 2024
News updates from February 27: McKinsey touted its advice to Chinese government, EU parliament bars Amazon lobbyists
McKinsey website touted its advice to Chinese government ministries
...McKinsey claimed in marketing materials that it had advised the Chinese central government on boosting domestic consumption and reforming healthcare policy, raising fresh questions over the consulting firm...
February 27, 2024
News in-depthMcKinsey
McKinsey’s revenue from prime US government contracts falls to 9-year low
...Some lawmakers have also criticised the firm after reports it worked for state-owned companies in China and Russia, and have backed a proposal to ban consulting firms who work with some foreign governments...
January 14, 2024
McKinsey
US Republicans call for McKinsey to be banned from federal contracts
...Companies like McKinsey that help the CCP in its quest to destroy individual dignity and American global leadership should be prohibited from receiving taxpayer dollars.”...
February 24, 2024
Due Diligence
Downfall of a star fund manager Premium content
...His opponents in the second round of voting include: Carter Wood, chief risk officer; Rodney Zemmel, global leader of McKinsey Digital; Asutosh Padhi, McKinsey’s North America managing partner; and his predecessor...
January 23, 2024
FT News Briefing podcast10 min listen
McKinsey’s China problem
...Uber chief executive Dara Khosrowshahi has received about $136mn in stock options after hitting a performance target, and Adani is working to push India’s military capabilities....
February 29, 2024
News updates from February 6: US court denies Trump presidential immunity, Boeing jet in Alaska Airlines blowout was missing bolts
McKinsey and BCG warn staff face jail if they reveal Saudi work
...Bob Sternfels of McKinsey and Rich Lesser of BCG had been summoned to appear before Congress, along with the chief executive of smaller consultancy Teneo and the dealmaker Michael Klein, after the four firms...
February 6, 2024
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
News in-depthMcKinsey
Bob Sternfels faces opposition to re-election as head of McKinsey
...Eric Kutcher, McKinsey’s chief financial officer, is also on the ballot, along with Virginia Simmons, a former head of the UK office, and the ex-chair of McKinsey Asia, Oliver Tonby, according to people...
January 21, 2024
US foreign policy
McKinsey and BCG accused of withholding information on ties with Saudi Arabia
...At the hearing scheduled for Tuesday, the firms’ leaders will have to “explain their companies’ respective work for the PIF and why they each believe their company’s obligation to respond to a duly issued...
February 1, 2024
Accounting & Consulting services
McKinsey and BCG warn staff face jail if they reveal Saudi work
...“We want to determine what work these companies have done and are doing that allows a foreign sovereign to use instruments of commerce in the United States to increase its influence within our shores, and...
February 6, 2024
Commodities
Commodity trading profits hit record $104bn last year
...and hedge funds — and rising returns from power trading activities, according to a report by consultants McKinsey....
April 4, 2024
FT live news
News updates from February 27: McKinsey touted its advice to Chinese government, EU parliament bars Amazon lobbyists
Unhedged
Where Tesla departs from the Mag 7 Premium content
...First, they tried McKinsey’s statistical approach on S&P 500 companies, and found no significant relationship. Second, they fault McKinsey’s methodology....
April 3, 2024
FirstFT
FirstFT: Benjamin Netanyahu unveils postwar plan for Gaza
...A McKinsey-led think-tank advised China to deepen co-operation between business and the military and push foreign companies out of sensitive industries as part of a project for the central government in...
February 23, 2024
FirstFT
FirstFT: Meta rewards investors with first dividend and $50bn buyback
...McKinsey and BCG have been accused of withholding information on ties with Saudi Arabia, as a US congressional subpoena seeks documents related to their work with the kingdom’s sovereign wealth fund....
February 2, 2024
FirstFT
FirstFT: Joe Biden blames Donald Trump for sinking his Ukraine bill
...Media companies Walt Disney and Fox Corp also report as well as technology groups Alibaba, PayPal and Uber....
February 7, 2024
LexIPOs
Private trading will not close London’s IPO gap Premium content
...The hope is that it will help investors and businesses to take advantage of the shift towards private markets — now worth more than £13tn, according to McKinsey. This is a worthy goal....
April 11, 2024

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