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McKinsey & Company | News | Banking

An overview of McKinsey & Company news in the USA:

McKinsey scolded by regulators for weak consulting work at Silicon Valley Bank The US Federal Reserve’s 102-page post-mortem report on Silicon Valley Bank (SVB) criticized McKinsey & Company for consulting work it performed for the now defunct bank in 2020 and 2021.
12 June 2023
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
Citi names former McKinsey partner David Chubak head of US retail banking Citigroup has named David Chubak as its head of US retail banking. Chubak has held senior strategic roles at the bank since 2013, when he joined Citi from management consultancy McKinsey & Company.
21 January 2020
McKinsey faces conflict of interest questions over retirement fund McKinsey & Company is under scrutiny after the Wall Street Journal uncovered evidence that its retirement fund held investments that may have created a conflict of interest in six bankruptcy cases in
22 June 2018

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