McKinsey & Company | Global news | Page 7

An overview of McKinsey & Company global news:

Australia

Oceania | Australia

McKinsey advising Defence on new IT operating model Australia’s Department of Defence is working on a broad-based overhaul of its technology infrastructure, with McKinsey & Company leading the IT operating model upgrade line of work.
26 January 2021
United States

North America | United States

McKinsey acquires cloud consultancy Candid Partners Strategy firm McKinsey & Company has acquired Candid Partners, an Atlanta-based provider of cloud consulting services to large organizations.
20 January 2021
Israel

Middle East | Israel

Michael Bloch leaves McKinsey to launch non-profit consultancy Having served McKinsey & Company for over two decades, senior partner Michael Bloch has retired from the partnership to co-launch a new firm specialised in strategic advisory to the non-profit sector
20 January 2021
United Kingdom

Europe | United Kingdom

Covid-19 aftermath could wipe off $4.7 trillion from banking sector The global banking sector faces a multi-trillion stress-test in the coming three years, according to a new review of the industry by consulting giant McKinsey & Company.
13 January 2021
Asia

Asia | Regional

Southeast Asia banks in better position than peers, says McKinsey Despite challenges, banks in Southeast Asia are poised to recover from the Covid-19 crisis faster than their counterparts around the world.
12 January 2021
India

Asia | India

Indian banks risk Rs 12 trillion Covid-19 hit, says McKinsey Although resilient in the face of Covid-19, banks in India will have to withstand trillions in credit and revenue losses for this year, and a few more to come.
05 January 2021
United Kingdom

Europe | United Kingdom

McKinsey alumnus Tony Danker appointed new CEO of CBI Tony Danker has become the latest former McKinsey & Company member to land a high profile role.
29 December 2020
United States

North America | United States

Global banking industry could lose up to $4 trillion in revenues The next five years will pose unprecedented challenges to global banking, with heavy credit and revenue losses.
21 December 2020
United Arab Emirates

Middle East | United Arab Emirates

McKinsey seeking 20 Emiratis in Abu Dhabi for leadership program Following the success of its inaugural edition, McKinsey & Company has announced the 2021 edition of its Qiyada Emerging Leaders program in Abu Dhabi.
16 December 2020
United Kingdom

Europe | United Kingdom

Covid-19 has accelerated digital transformation by seven years According to a McKinsey & Company study, businesses have surprised themselves with the speed and success of their digital initiatives in response to Covid-19.
14 December 2020
Indonesia

Asia | Indonesia

8 charts on how Covid-19 is changing Indonesian consumers The Covid-19 crisis is significantly changing purchasing behaviours and decisions of consumers in Indonesia.
14 December 2020
United Kingdom

Europe | United Kingdom

Ex-McKinsey Partner Charlie Nunn new CEO of Lloyds Lloyds Banking Group has hired the HSBC banker Charlie Nunn as its new Chief Executive Officer.
14 December 2020
India

Asia | India

A strategic agenda for Indian banks in the post-Covid world Indian banks are at risk of losing hard-won efficiency gains and should quickly rework how they operate to tackle new challenges, write Akash Lal, Alok Kshirsagar, Siddhartha Gupta and Shikha Gupta f
14 December 2020
Australia

Oceania | Australia

McKinsey appoints eight partners in Australia and New Zealand Global strategy consulting giant McKinsey & Company has appointed eight new partners in Australia and New Zealand.
13 December 2020
United States

North America | United States

McKinsey waives millions in fees for work on Westmoreland Coal bankruptcy Consulting firm McKinsey & Company has agreed to waive the fees for its work on the Westmoreland Coal bankruptcy, settling a nearly two-year mediation with the US Trustee Program (USTP).
04 December 2020
United Kingdom

Europe | United Kingdom

Seven McKinsey charts on how Covid-19 is changing consumers The Covid-19 crisis is significantly changing consumption patterns, purchasing behaviours and brand mindsets of Britons.
30 November 2020
Canada

North America | Canada

Auditor general criticizes Ontario's McKinsey-crafted pandemic response structure A scathing report from the province’s auditor general, Bonnie Lysyk, criticized the Ontario government’s pandemic response structure, which is led by political staff instead of medical experts.
27 November 2020
Saudi Arabia

Middle East | Saudi Arabia

Almarai working with McKinsey and SAP on digital transformation Saudi Arabian dairy company Almarai has embarked on the next phase of its digital transformation strategy, working together with consultants and technologists from McKinsey & Company and SAP on drivi
23 November 2020
Indonesia

Asia | Indonesia

Eight pillars for Indonesia to emerge stronger from the crisis Indonesia could use Covid-19 disruption as an opportunity to revamp its entire economy with a focus on digital.
16 November 2020
United Kingdom

Europe | United Kingdom

McKinsey & Company hired to review NHS technology services A contract published by the Department of Health and Social Care shows the department paid private consultants nearly £600,000 for its work on a review into NHS technology services.
16 November 2020
Middle East

Middle East | Regional

McKinsey’s edad program welcomes 100 young Arab females Celebrating the 10th anniversary of its edad program in the Middle East, McKinsey & Company recently hosted a special edition exclusively for young female professionals.
13 November 2020
United States

North America | United States

AlixPartners adds former McKinsey partner Elizabeth Stephenson Global consulting firm AlixPartners has welcomed Elizabeth Stephenson, a former McKinsey partner and C-suite executive in consumer products, as a managing director in the firm’s Los Angeles office.
06 November 2020
Middle East

Middle East | Regional

MENA startup founded by ex-McKinsey consultant raises $2.3 million Glowing success: Wahaj Ahmed is a former McKinsey consultant who was previously the youngest ever General Manager at Dubai-based ride hailing platform Careem.
30 October 2020
Australia

Oceania | Australia

News Corp Australia hires McKinsey for growth strategies News Corp Australia has brought consultants from McKinsey & Company on board to advise the Board on new growth opportunities.
26 October 2020
Lebanon

Middle East | Lebanon

Lebanon follows McKinsey advice and legalises cannabis farming Two years after a McKinsey & Company report laid out the benefits, Lebanon has legalised cannabis farming for industrial and medicinal use in a bid to earn much-needed revenue.
23 October 2020
United Kingdom

Europe | United Kingdom

European FinTechs face 'existential threat' as funding dries up Despite years of hype declaring FinTech investment was set to experience some endless boom, the bubble looks set to burst amid the current recession.
12 October 2020
United States

North America | United States

McKinsey partner Saf Yeboah-Amankwah joins Intel as chief strategy officer Saf Yeboah-Amankwah, a senior partner at management consultancy McKinsey & Company, has joined semiconductor manufacturer Intel as SVP and chief strategy officer (CSO), effective November 1.
01 October 2020
Australia

Oceania | Australia

Create the right business culture to achieve business agility Amid looming economic recessions and global pandemics, businesses are realising they need a core attribute to help them achieve long-term success: agility.
30 September 2020
United Kingdom

Europe | United Kingdom

UBS calls in McKinsey to explore merger with Credit Suisse Swiss financial giant UBS has reportedly tapped consultants from McKinsey & Company to draw up plans for a mega-merger with rival wealth manager Credit Suisse.
22 September 2020
United States

North America | United States

Consumer optimism remains muted, focused on value and essentials Even as countries have lifted many pandemic restrictions, consumer optimism remains muted and spending intent is still below pre-crisis levels, according to a report from consulting firm McKinsey & C
09 September 2020
China

Asia | China

How Chinese investors and private equity firms can boost growth The Chinese private equity market has been charting a course to growth in recent years, and could continue to do so despite a setback from the Covid-19 crisis.
09 September 2020
United Kingdom

Europe | United Kingdom

McKinsey disputes payments to former London landlord Global management consultancy McKinsey & Company is being sued by the company that owns London offices it occupied until last year.
09 September 2020

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