Merger Poker - EFG, BTG Pactual and BSI Lugano

There is lots of talk about the need to get bigger in the Financial Services Industry. But there are plenty of potholes on the route to 'Bigger and Better'. Apart from accounting and valuation issues the question of contrasting management cultures can also pose significant integration risks. Do not write off smaller competitors or even nimble mid-sized Asset Managers or Private Banks.
Joe Strähle verrechnete sich mal kurz um 41% - Inside Paradeplatz

How can I make performance reviews less painful for all concerned?

There was a time when people knew each other and box-ticking exercises were not necessary, O tempora o mores! Managing relationships with colleagues and staff should be a year-round task but all-too-often problems are allowed to fester - and the ritual of an annual review will not be enough to defuse the situation, if anything it just creates more tension.
How can I make performance reviews less painful for all concerned?

More Air than Value? Airbnb Raises $1B At $31B Valuation

Airbnb Raises $1B At $31B Valuation, Likely Delaying IPO Plans Further

Management Consultants - overcharging for Juniors?

Why would any sane Management engage Consultancy firms that charge them exorbitant hourly/daily rates but have the work done by juniors that have no relevant front-line experience in the industry? A fresh pair of eyes? Top Management often neglects the experience of those already working in the firm. Hierarchical thinking prevents feed-back from those that often see problems and how to resolve them at first hand. And what is the trackrecord of firms such as McKinsey? But of course, no one ever got fired for hiring IBM. But that it is in many cases an ex-staffer hiring his old firm - should that not cause alarm bells ringing? Was there a proper beauty parade before a firm is hired? And was there an inquiry that proved it was absolutely unavoidable?

McKinsey jetzt auch bei der Saxo Bank