Mckinsey
AI will overhaul consulting fees, McKinsey says
The consulting giant is shifting to outcome-based pricing amid the technology’s rise, according to its UK boss
EQT, McKinsey alumni plot defence-focused private equity firm
Exclusive: European buyout veterans eye defence and cyber-security deals amid Nato spending push and growing armed conflicts
2 min read
McKinsey headcount drops 10% as consultants feel the pinch again
Boom years for the sector are reversing with McKinsey the latest to make cuts, according to reports
1 min read
McKinsey boss’s next big consulting project: His own firm
After a turbulent few years, Bob Sternfels talks about revamping the company’s structure and employee development; ‘Not everyone gets an A’
8 min read
McKinsey’s leader survives, but voting reveals cracks at elite consulting firm
Top partner Bob Sternfels wins a second term, but multiple rounds of voting show dissent among the partners
8 min read
McKinsey shrinks new partner class by roughly 35%
Consulting giant recently told employees that about 250 people would become partners, down from around 380 a year ago
4 min read
McKinsey winding down bankruptcy unit after legal troubles
The consulting firm’s bankruptcy practice attracted lawsuits and government investigations in recent years
2 min read
McKinsey to axe 2,000 jobs in firm-wide restructure
The move would be one of its biggest headcount reductions to date
1 min read
Quant hedge fund Teza names McKinsey’s Chavin to lead new London office
Chavin has joined Teza after spending nearly 17 years at McKinsey
1 min read
McKinsey evacuates Russia staff to Kazakhstan
Consultancy firm relocates staff from Moscow to Almaty
2 min read
PwC, Deloitte and EY condemn Russia, KPMG stops short as rivals drop clients
McKinsey and Boston to no longer take work from Russian government clients, while KPMG says it is 'a difficult time' for those involved in the conflict
5 min read
Ex-McKinsey partner hit with securities fraud charges over Goldman Sachs’ acquisition
Puneet Dikshit, charged with two counts of securities fraud, faces up to 20 years in prison on each count
PwC, Oliver Wyman and more give tips on how to become a consultant: ‘You need to be agile and flexible’
FN takes a look at what it takes to become a consultant for the City's leading firms
How McKinsey became a bank CEO factory: ‘Boards prefer that sort of experience’
McKinsey partners are in vogue as banks face a fresh set of problems amid the pandemic. New Lloyds Banking Group boss Charlie Nunn spent five years as a senior partner at McKinsey
European banks’ credit losses could exceed global financial crisis
McKinsey's report on the European banking sector comes as businesses rely on lending to weather the pandemic
Fee squeeze hurts profits in ‘anaemic’ year for US asset managers
Profits dipped on the back of continued underperformance of stock pickers, according to McKinsey
2 min read
Church of England puts faith in McKinsey
Consultancy to draft a five-year plan on how the Church can broaden its appeal to Christian financial services executives
2 min read
McKinsey wins £1.5m UK Brexit contract
US consulting firm has been tapped to organise more than 700 government plans relating to Brexit
2 min read