McKinsey, BCG and Bain & Company make billions in the crisis

The Germany heads of the top strategy consultancies Fabian Billing, Walter Sinn and Michael Brigl fight a three-way battle. Düsseldorf The three leading global strategy consultancies increased their sales in Germany by around 20 percent in 2021. And the industry is also expecting strong growth for 2022. McKinsey is still the market leader, just ahead … Read more

DWS exchanges CEO after suspected greenwashing

Frankfurt Only a few hours after the raid due to “greenwashing” allegations and after a long supervisory board meeting, the Deutsche Bank fund subsidiary is separating DWS by her company boss Asoka Wöhrmann. At the end of the day of this year’s Annual General Meeting, Stefan Hoops will become the new CEO. DWS announced this … Read more

Why the United States is on the verge of a “great recession”, according to Deutsche Bank

There are already several indicators that anticipate that the United States is heading into a recession, Deutsche Bank had indicated since the beginning of the month that it was a “slight” recession but in the last note of the bank for the clients it has raised the tone pointing out that it is a “major … Read more

Company cars are becoming more expensive for companies

Interior view of a car tower in the Autostadt Wolfsburg VW employees now have to wait longer for a new company car. (Foto: imago images/Sven Simon) Düsseldorf Company cars are increasingly becoming a burden for companies. Supply bottlenecks at manufacturers are delaying the replacement of leasing fleets and the switch to electromobility. The high fuel prices … Read more

Business is shut down: Deutsche Bank rejects new Russian customers

Business is shutting down Deutsche Bank rejects new Russian customers 03/12/2022, 00:51 Deutsche Bank’s decision to continue doing business in Russia despite the war in Ukraine has met with heavy criticism. Now the money house gives in and limits its activities there. Commerzbank is also involved. After severe criticism, Deutsche Bank is now shutting down … Read more

Deutsche Bank is shutting down its Russian business

Deutsche Bank Relatively low exposure to Russia. (Photo: dpa) Frankfurt After severe criticism, Deutsche Bank is now shutting down its business in Russia because of the Ukraine war. Deutsche Bank has substantially reduced its commitment and presence in Russia since 2014, the money house said on Friday night with. “Like some of our international competitors, … Read more

DWS pays record salaries despite green washing allegations

DWS CEO Asoka Wöhrmann The DWS boss came under massive pressure last spring. (Photo: Archyde.com) Frankfurt If you only look at the salaries and the numbers, everything seems fine at DWS: CEO Asoka Wöhrmann alone received total remuneration of almost seven million euros for the past year – around 15 percent more than for 2020. … Read more