McKinsey to Pay at Least $500 Million in DOJ Opioid Probe October 18, 2024 By Ambereen Choudhury, Sabrina Willmer and Chris Strohm McKinsey & Co. is nearing a deal with US prosecutors to pay at least $500 million to settle federal probes...
McKinsey Sees AI Surge Boosting Consulting Amid Industry Slump August 15, 2024 By Ambereen Choudhury McKinsey & Co. is seeing an increase in the number of clients seeking artificial intelligence-linked projects, as faster adoption of...
Global Financial Firms Reassess Risks of Operating in China if Taiwan Tensions Escalate September 26, 2022 By Ambereen Choudhury, Natasha White and Denise Wee Global financial firms, still smarting from multi-billion dollar losses in Russia, are now reassessing the risks of doing business in...
Credit Suisse Plunged Into Chaos After Chairman Ousted for Breaching COVID Rules January 17, 2022 By Ambereen Choudhury and Patrick Winters The banker tasked with fixing Credit Suisse Group AG was ousted just nine months into the job for breaching COVID...
Hackers in Bangladesh Bank Cyber Heist Pocketed About $70M; NY Fed Criticized April 29, 2016 By Ambereen Choudhury and Arun Devnath Hackers are likely to get away with about $70 million of Bangladesh’s foreign reserves after a brazen cyber-attack against the...
Swiss Re and UK’s Legal & General Weigh Bids for Deutsche Bank’s Abbey Life April 14, 2016 By Aaron Kirchfeld, Ambereen Choudhury and Sarah Jones Swiss Re AG and Britain’s Legal & General Group Plc are among firms considering bids for Deutsche Bank AG’s insurance...
U.K.’s RSA Considers Sale of Middle East Business January 16, 2015 By Aaron Kirchfeld, Ambereen Choudhury and Dinesh Nair RSA Insurance Group plc is considering the sale of its Middle Eastern business as the U.K. insurer seeks to raise...
Lloyds Bank Shares Fall as More PPI Mis-Selling Payments Announced February 3, 2014 By Ambereen Choudhury and Gavin Finch
Lloyd’s Says High Taxes, Regulation Burden European Firms July 10, 2013 By Ambereen Choudhury High taxation and new regulations are among the most pressing concerns for senior European company executives, according to a survey...
Colleagues Are Overpaid, Say U.K. Financial Employees June 6, 2013 By Ambereen Choudhury Most U.K. financial-services employees say some within their companies are paid too much amid negative public sentiment toward the industry,...