Mckinsey Co news and trends

First Republic Seeks Outside Help As Depositors Withdraw $70 Billion
Banking // March 22, 2023

Struggling lender First Republic Bank is reportedly seeking outside help to remain in business. The bank has hired financial advisor Lazard Ltd. to assist with a review of its options, and tapped consulting firm McKinsey & Co. to come up with a plan for after...

Jury Still Out as Web3 Takes Shape
Blockchain // September 26, 2022

When you get past the marketing hype and dig down into what Web3 actually is, it’s hard not to ask whether it’s a real revolution that’s going to remake the internet or simply a far more successful rebranding of blockchain technology. In a report released...

Airbnb Considering A Move Into Long-Term Rental Market
Real Estate // March 09, 2017

Airbnb is considering a move into the long-term rental business, with Bloomberg Technology reporting that the company has asked McKinsey & Co. to research the market. McKinsey & Co. has reportedly performed a competitive analysis of Craigslist, which currently dominates the rental market in many cities....

Interviews & Exclusives
Jury Still Out as Web3 Takes Shape

September 26, 2022
When you get past the marketing hype and dig down into what Web3 actually is, it’s hard not to ask whether it’s a real revolution that’s going to remake the internet or simply a far more successful rebranding of blockchain technology. In a report released Monday (Sept. 26), “Web3 beyond the hype,” consulting giant McKinsey […]

Quick Reads
FTC Investigating Companies’ Use of Personal Data to Set Prices

July 23, 2024
The Federal Trade Commission (FTC) is looking to learn more about companies’ use of personal data to categorize individuals and set individualized prices for the same goods or service — a practice it calls “surveillance pricing.” The regulator said in a Tuesday (July 23) press release that it sent orders seeking information from eight firms […]

First Republic Seeks Outside Help As Depositors Withdraw $70 Billion

March 22, 2023
Struggling lender First Republic Bank is reportedly seeking outside help to remain in business. The bank has hired financial advisor Lazard Ltd. to assist with a review of its options,...

Airbnb Considering A Move Into Long-Term Rental Market

March 09, 2017
Airbnb is considering a move into the long-term rental business, with Bloomberg Technology reporting that the company has asked McKinsey & Co. to research the market. McKinsey & Co. has...