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...EY piled more than $700mn of extra debt on to its global operating business to deal with the costs of the failed plan to spin off its consulting arm, according to newly filed accounts....
...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....
...The group does not own or operate gyms itself, but allows members to use in-person sports facilities as well as digital offerings like online classes and personal trainers....
...In the US, just over one in three women work in the computer services sector compared with 50.3 of women in management consulting services, 65.9 in legal services and 55.6 per cent in financial services....
...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....
...The persistence of historically high inflation means the real-terms value of a new consulting job will be sharply lower next year....
...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....
...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...
...The likes of well-funded Block and Stripe are driving down costs for merchants but also profit margins for payment service providers....
ADM, Chemours, Mattel and NYCB are among groups admitting that weaknesses in controls delayed financial reports
...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....
...But, as with all things in financial services, the hand that giveth is the hand that takes away....
...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....
...services....
...The operator of oil storage facilities in the emirate of Fujairah had the backing of powerful Middle East investors including Sheikh Mohammed bin Khalifa bin Zayed Al Nahyan, the son of the previous president...
...DBRS’s report also contains this wonderful description of Sotheby’s Financial Services’ collection strategy if any deadbeat art collectors fall behind on their payments: SFS employs a strategy for collections...
...That means working with the in-house design team, consulting on colour, fabric and composition of the yarns that are usually Italian-made....
...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....
...A sizeable 16 per cent of chief human resources officers at large companies told the Gallup polling and consulting firm a few months ago that their executive team believed remote employees might secretly...
...Globally, one in three of the businesses that do not currently operate loyalty schemes will do so by 2027, says consulting firm Gartner....
...Even so, the shift to more remote work has lingering downsides....
...Beyond meeting its own logistics needs, Amazon’s third-party shipping service could mushroom into a new business area akin to its cloud computing....
...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....
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