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Accenture axes diversity and inclusion goals 

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Accenture will abandon its global diversity goals after an “evaluation” of US politics.

, the listed management consultancy’s chief executive Julie Sweet told staff it would be “sunsetting our global employee representation goals set in 2017

, “sunsetting our career development program[me]s for people of specific demographic groups” and “pausing submissions to external diversity benchmarking surveys”.

The move comes as DEI initiatives in the City continue to be scaled down

Business

Monzo battles increasingly competitive digital banking market amid COO’s exit 

Dubai hedge funds spike 50% as Tudor, Walleye join race to Middle East

Why hedge funds are paying $25,000 a month to interns: ‘They aren’t just doing coffee runs’ 

Skadden’s European head of secondaries exits for Proskauer Rose 

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US law firm’s European secondaries head departs after a year

Trading Places: BNP’s new COO, Clifford Chance poaches from KKR

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Find out who is on the move in the City and beyond this week

Clifford Chance hires KKR director in London private equity drive

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Magic Circle firm boosts London private equity offering

The commodities giant reported a fall in 2024 earnings, but will return around $2.2 billion to shareholders, and said the optimal location for its primary listing remains under review.

Glencore Reviewing London Listing; Plans $2.2 Billion in Shareholder Returns

With a more-than-$2.5 billion stake in Phillips 66, Elliott has pushed for a streamlining of the oil refiner and seeks more representation on the company’s board.

Activist Elliott to Seek Phillips 66 Board Seats

Consumer prices were 3% higher in January than a year earlier, up from 2.5% in December, complicating the picture for the BOE after it said it would cut interest rates gradually.

U.K. Inflation Reaches 10-Month High, Complicating Bank of England’s Rate Path

It was a match made on Fifth Ave.—Bernard Arnault and the president go back decades. Can the LVMH chief now leverage that bond to stay out of trade wars?

The French Billionaire Working His Trump Ties to Spare His Luxury Empire

The billionaire Wall Street veteran is joining an economic team that includes a trade hawk, Peter Navarro.

Howard Lutnick Is Confirmed as Commerce Secretary With Tariff Fights Heating Up

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