McKinsey

Stellantis Enlists McKinsey to Revitalize Maserati and Alfa Romeo Brands

2 months ago

In a strategic move aimed at bolstering two of its most prestigious brands, Stellantis has partnered with consulting giant McKinsey & Company. This collaboration is primarily focused on enhancing the performance and market position of Maserati and Alfa Romeo, luxury vehicles that have struggled to meet their potential in recent years.

South Africa Declines Collaboration with McKinsey for 2025 G20 Summit

6 months ago

In a significant move that signals a shift in governance and transparency, the South African government has announced it will not be partnering with the global consulting firm McKinsey & Company for the upcoming G20 summit scheduled for 2025. This decision comes amid ongoing scrutiny of the firm's past dealings with the government and reflects a broader effort to enhance accountability and ethical practices in public service.

McKinsey's $122 Million Settlement: A Response to South Africa Bribery Allegations

6 months ago

In a significant development, McKinsey & Company has reached a settlement agreement worth $122 million to resolve allegations related to bribery connected to South Africa’s state-owned companies. This resolution marks a critical juncture in a case that has attracted widespread scrutiny and legal challenges focusing on the consulting firm’s conduct in the region.

McKinsey Sounds Alarm: Banks Face Temporary Profit Rebound Amid Falling Interest Rates

7 months ago

In a recent report, management consulting firm McKinsey & Company has sent a stark warning to banks globally about the precariousness of their profit margins. The firm points out that while there may be a short-lived recovery in bank profits, this rebound is likely to be overshadowed by the ongoing decline in interest rates, which have historically provided a vital cushion for bank earnings.

McKinsey Says Only Climate Tech Cash Can Help Avoid Calamity

8 months ago

Consulting giant McKinsey & Co. has sounded the alarm that the world needs to radically ramp up investments in climate technology if it is going to avoid devastating environmental impacts. It issued this statement in a report underlining the urgent requirement of finance in climate innovation and green technology development.