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McKinsey Puts About 3,000 Staffers on Review as Economies Slow

McKinsey Puts About 3,000 Staffers on Review as Economies Slow
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McKinsey's Sternfels Facing Opposition to Re-Election Bid: FT

(Bloomberg) McKinsey & Co.’s Bob Sternfels is experiencing a tougher than expected bid for re-election as global managing partner after a backlash against his push to restrucuture the company, the FT reported. Most Read from BloombergHedge Funds Rake in Huge Profits Betting on Catastrophe RiskPutin Orders Hunt for Property of Russian Empire, Soviet UnionTrump’s 2016 Win Shook Markets. Traders Won’t Get Fooled Again.Burger King Is Serving Whoppers With a Side of CringeThe Easy Money Has Alread ....

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Xi Tolerance for Property Pain Nears Limit as Rescue Emerges

China is ramping up pressure on banks to support struggling real estate developers, signaling President Xi Jinping’s tolerance for property sector pain is… ....

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Trader Error Causes Huge Plunge in Finnish Power Prices

A power trader error sent shockwaves through the Finnish market as it mistakenly offered to sell the equivalent of at least half the country’s entire… ....

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Asia Stocks Mixed, Treasuries Echo Europe Sell-Off: Markets Wrap

Shares in Asia were mixed while Treasuries fell after declines in European bonds, eroding a November rally in US debt. Oil extended losses. • None Hulu for… ....

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