The former head of the Bundesbank and Chairman of the Board of Directors of the major Swiss bank UBS, Axel Weber, is switching to the consulting business. Weber started as a senior global advisor at Boston Consulting Group (BCG) last week, the consulting firm announced. Weber brings a wealth of experience from his career in academia, regulatory, central banking and corporates. The economics professor Weber headed the UBS Board of Directors for ten years and left in April 2022 after...
Pierre, forty-something from Alfortville (Val-de-Marne), has his back blocked at work. He needed an emergency doctor, especially since he no longer had a doctor. But it was a bit of an obstacle course. No doctor was available during the day or the next day to give him a work stoppage, yet required within 48 hours by Health Insurance. Nothing on Doctolib, and several medical offices called have no places. Finally it is the doctor of a relative who will end...
The McKinsey case, the return. On Tuesday, searches were carried out at the Paris headquarters of McKinsey, the Renaissance party and the presidential party's financing association. From the harsh conclusions of a senatorial commission of inquiry in March to the three investigations opened by the National Financial Prosecutor's Office (PNF), this case never ceases to embarrass Emmanuel Macron. " 20 minutes " provides an update on the investigations and the controversy targeting consulting firms, which was the main controversy of...
Searches were carried out on Tuesday at the Paris headquarters of McKinsey and those of Emmanuel Macron's Renaissance party and the Renaissance financing association, the National Financial Prosecutor's Office (PNF) said on Wednesday, confirming information from the Parisian.These searches were conducted by the investigating judges as part of two judicial inquiries opened in October. One of them concerns the intervention of consulting firms in Emmanuel Macron's 2017 and 2022 election campaigns, and the other on the more general use of...
The transparency of consulting firms is in the viewfinder of the Senate. The upper house of Parliament relaunched the debate on this file overnight from Monday to Tuesday with the adoption of a "transpartisan" amendment to the 2023 draft budget after the opening of two investigations by the courts.This text, approved by a show of hands, takes up the bill adopted unanimously by the Senate in mid-October, “to establish real transparency in consulting services”. "This is a transpartisan amendment for...
Guaranteed with spoiler. You haven't followed anything from the weekend, we'll recap it for you with our Sunday "Five retro news".1. The McKinsey InquiryOn Sundays, politicians like to go to TV and radio studios. This was the case of MP Nupes Clémentine Autain and Minister of the Economy Bruno Le Maire. Surprisingly, they do not have the same opinion on the use of consulting firms by Emmanuel Macron and by the government. For one, it demonstrates "a love story" between...
A recognized annoying habit and a return to the administration. Guest of France 3, this Sunday, Bruno Le Maire was asked about the significant use of ministries to consulting firms like McKinsey. And on the two investigations opened by justice on the intervention of the said cabinets in the electoral campaigns of Emmanuel Macron in 2017 and 2022.The Minister acknowledged "abuse" or "drift" concerning the habit of calling on consulting firms, but did not venture into the investigations. “I do...
This is undoubtedly the most sensitive judicial investigation of the moment. And for good reason, she is the first to directly target the President of the Republic. According to our information, confirmed by the National Financial Prosecutor's Office (PNF), a judicial investigation was opened on October 20 for suspicions of illegal financing of Emmanuel Macron's electoral campaigns in 2017 and 2022. The investigations are aimed at the links between the head of the state and McKinsey consulting firm. They are...
The last two presidential elections are in the sights of justice. The National Financial Prosecutor's Office opened two judicial inquiries at the end of October, one "on the conditions of intervention of consulting firms in the electoral campaigns of 2017 and 2022", the other on suspicions of "favouritism" concerning them, said indicated Thursday the prosecutor of the financial Republic Jean-François Bohnert in a press release.During the last presidential campaign, a Senate report had sparked heated discussions on the use of...
Status: 13.11.2022 09:46 a.m Sustainability advice when investing has been mandatory since the summer. A Greenpeace study criticizes that Deutsche Bank is not doing enough. However, the study itself has technical shortcomings. By Bianca von der Au, tagesschau.de Anissa Brinkhoff was undercover for Greenpeace. The podcaster and financial journalist has arranged a consultation with a Deutsche Bank branch in Hamburg as a covert mystery shopper. It was her concern to get advice on sustainable investments. Their conclusion is mixed. "In...
