Wall Streets woes are yet another headache for the consulting industryWHEN even consultants suggest that companies might want to spend less on consultancy, you know the industry is in for a difficult time. A recent article in the McKinsey Quarterly argues that Wall Streets ailing banks could slash up to $2 billion each from their bloated overheads without damaging employee morale. The authors, who work for McKinsey, a leading strategy-consultancy, highlight several areas that bankers could cuti....
The Economist: Business
