Tag: mckinsey
Commodity trading generated $100 billion in 2023 despite uncertainties, says McKinsey
Commodity trading generated over $100 billion EBIT (earning before interest and taxes) in 2023 despite commodity markets experiencing significant levels of uncertainty, managing consulting...
Banks must adapt to survive as commodity finance demand slumps
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Commodity traders still made bank last year despite calmer markets
Commodity markets made nearly £100bn in revenue minus expenses last year, despite many of the sector’s leading companies suffering huge losses.A report this week...
Sequoia Capital’s partner took 3 pay cuts before becoming boss
Sequoia Capital head Roelof Botha called his three early-career pay cuts "marshmallow tests." Stefan Wermuth—Bloomberg/Getty Images
Sequoia Capital Managing Partner Roelof Botha had a decision to...