Day: 23 March 2023

Accenture to cut almost 20,000 jobs worldwide

Accenture will eliminate approximately 19,000 jobs over the next 18 months, the largest of a series of layoffs across the consulting industry as businesses contend with rising expenses and an uncertain economy. The New York-listed company announced on Thursday that it expects to incur $1.2 billion in severance charges and $300 million in “office consolidation”…...

Credit Suisse investment banking compliance chief to leave amidst turmoil

Mark Taylor, is set to leave the bank by June during a critical period. According to insiders, Mark Taylor, the head of compliance for Credit Suisse’s UK and European investment bank, will leave the bank in June. Taylor, who previously held the position of head of financial crime for Europe, the Middle East, and Africa…...

PwC appoints pensions risk expert Dweenisha Caleechurn

Dweenisha Caleechurn has joined PwC. She will advise clients on pensions risk transfer and consolidation solutions as a member of the firm’s pensions risk transfer advisory team. Caleechurn stated, in response to her hiring, “I am thrilled to be joining PwC’s pensions advising team at a time of extraordinary activity in the risk transfer market…....

HSBC appoints Patrick George as head of markets

HSBC recently announced that it has appointed Patrick George as the new head of markets and securities services. This move is part of a broader reshuffle of the leadership of its investment bank, which aims to streamline decision-making processes. George will be responsible for overseeing HSBC’s trading operations, which had been left unfilled since last…...

BCG launches centre for climate & sustainability policy

Boston Consulting Group (BCG), one of the world’s most prominent management consulting organisations, has announced the launch of its global Center for Climate & Sustainability Policy & Regulation to assist clients in navigating and shaping the global transition to a net-zero, nature-positive society. Bringing together an international team of experts with in-depth knowledge of sector-…...