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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....
...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....
...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....
...access to a service or bypasses censors....
...Unrest has been bubbling at the Bundesbank, a conservative and secretive pillar of the German establishment, since Joachim Nagel became its president last year and it hired Boston Consulting Group to make...
...Gallup, the polling and consulting group, is pulling out of China, making it the latest foreign company to retrench from the country amid rising scrutiny of western consultancies and whipsawing geopolitical...
...The persistence of historically high inflation means the real-terms value of a new consulting job will be sharply lower next year....
...He was the founding managing partner of consulting firm Casey Quirk. Houlihan Lokey has hired Erik Kistler as a managing director in the healthcare group. He previously worked for Moelis....
...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....
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....
...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...
...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....
...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....
...This matter was reviewed by executive management and in discussion with the Board it was decided to appoint an external professional services firm (Big Four Accounting Firm) to assist in performing a number...
...Citi and Wells provide lawyers with a quasi-consulting service by offering granular market intelligence on how their firm compares to the wider industry, including on metrics such as hourly rates, hours...
...And: 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....
...One reason JPMorgan has been unsuccessful is that Citi and Wells offer quasi-consulting services to law firms that provide detailed intelligence on how they compare with their rivals....
.../ From E R Yescombe, YCL Consulting, London N10, UK...
...“Clients are saying we can no longer work with American consulting firms,” said one executive at a US consultancy....
...Apple’s goal appears to be operating generative AI through mobile devices, which would allow AI chatbots and apps to run on the phone’s own hardware and software rather than be powered by cloud services...
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