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PwC
PwC to reverse controversial US tax split
...Griggs announced key members of his leadership team on Thursday, including appointing Krishnan Chandrasekhar, who is at present banking and capital markets tax services leader, as head of the reunified tax...
April 18, 2024
EY
German watchdog finds EY’s Wirecard audits grossly negligent
...EY has previously said that it “deeply regrets that we didn’t find the fraud sooner”....
April 16, 2024
FT Live
Finance Disrupted at TNW Conference
Shaking The Foundations Of Finance | Formerly Future of Finance
Thursday, 20 JuneAmsterdam, Netherlands
Wirecard AG
Wirecard shareholders sue EY over alleged asset stripping in Germany
...“The legal entity changes don’t have any consequences for the liability risk of current or former mandates or ongoing lawsuits,” the firm said....
April 8, 2024
Jan Marsalek
Wirecard fugitive Jan Marsalek recruited by Russian intelligence in 2014, says report
...Wirecard fugitive Jan Marsalek was recruited by Russian intelligence at a meeting on a yacht in July 2014, sparking a decade-long association with the country’s security services, according to new reports...
March 1, 2024
Israel-Hamas war
Palestinians across Middle East face ‘catastrophe’ with UN agency’s cash crunch
...“After that, if funding isn’t resumed, we don’t know what’s going to happen.”...
March 4, 2024
BBC
MPs hit out at BBC for cutting local radio to fund regional online services
...The BBC announced significant cuts to local radio station programming in 2022, which resulted in job losses at the 39 networks in England and filling parts of their schedules with shared programming....
April 16, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
LexCitigroup Inc
Predictions: mind the valuation gap at Citi Premium content
...Any rebound for Citi next year starts in its services unit, offering working capital and payment facilities to its multinational corporate clients....
December 28, 2023
Andrew Hill
Dear board directors, please don’t shoot the proxy messenger
...As Sarah Wilson of Minerva Analytics, one of the smaller advisers, points out: “If companies don’t like what shareholders think, they need to go to talk to them, not at them.”...
April 22, 2024
News updates from January 4: US air strike kills Iran-backed militia commander, German inflation rises to 3.8%
UK services growth expands at fastest rate in 6 months
...UK services activity improved more than initially estimated in December with growth expanding at the fastest rate in six months, according to a closely watched survey that eased fears of the economy contracting...
January 4, 2024
Ericsson
Ericsson boosted by $14bn ‘open RAN’ deal with AT&T
...Analysts at Citi said the move was “a significant announcement, for Ericsson, AT&T, Nokia and the industry”....
December 5, 2023
FT Magazine
How did customer service get so bad?
...This expectation makes it all the more jarring if we find that standards are slipping — in my case, being told by the customer services desk at my local Waitrose that I couldn’t have a trolley as I lacked...
April 18, 2024
IPOs
TikTok courier slashes $1bn Hong Kong IPO target on weak investor demand
...J&T declined to comment. At $1bn, J&T’s IPO would have been the largest in Hong Kong since the $1.3bn listing of China Aviation Lithium Battery in October 2022, according to Dealogic data....
October 14, 2023
News updates from December 5: Moody’s cuts China’s credit outlook, Germany’s Dax closes at record high
Ericsson shares boosted by $14bn ‘open-RAN’ deal with AT&T
...Shares in Ericsson climbed more than 9 per cent after US telecoms group AT&T announced a tie-up worth up to $14bn to roll out “open RAN” technology with the Swedish telecom equipment maker....
December 5, 2023
News in-depthProfessional services
Consulting firms step up efforts to push out their low performers
...Don’t we advise companies on this?”...
April 22, 2024
LexTP ICAP
Brexit isn’t working for this City broker Premium content
...Being an old-school broker in the City of London ain’t what it used to be. Technology and competition have hurt profitability in traditional dealing services....
March 21, 2024
FT Live
Evolving retirement strategies in an ever-changing world
What new regulatory developments mean for IFAs
Tuesday, 30 April1 Friday Street, London
LexAccountancy
Teflon-maker’s scandal shows even cash isn’t safe from mischief Premium content
It seems that even cold hard accounting cannot be guaranteed to tell the whole human story
March 21, 2024
UK trade
UK exports of services have grown 9 times faster than goods since 2010
...of economics and public policy at King’s College London....
April 22, 2024
News in-depthT Rowe Price Group Inc
T Rowe Price chief says worst is over after heaviest ever year for outflows
...T Rowe is the sixth largest investor with a 2.3 per cent stake in the chipmaker valued at $1.2tn....
December 29, 2023
Trump Media & Technology Group
Trump Media’s auditor is really bad at spelling his own name
...Brgres’ spelling irregularities only raise further questions about his firm’s standards, according to Agnes Cheng, professor of accounting at the John T Steed School of Accounting at the University of Oklahoma...
April 24, 2024
Anjli Raval
Beware the rise of the everything adviser
...It follows a broader trend in professional services....
March 25, 2024
UK politics
Nearly one in five English councils at risk of bankruptcy, says LGA
...In areas where authorities have gone bust, central government has typically overseen a rise in council tax and a further reduction in public services....
December 6, 2023
Rail
Thousands of UK rail passengers face Christmas getaway chaos
...Eurostar was forced to cancel all services from midday for the rest of the day after a strike at short notice by French workers at Getlink, which operates the Channel Tunnel, leaving thousands of people...
December 21, 2023
EY
CVC expresses interest in EY’s Italian consulting arm
...There are no plans to sell any part of our business at this time.”...
April 18, 2024
News updates from December 5: Moody’s cuts China’s credit outlook, Germany’s Dax closes at record high
China services expand at fastest pace in 3 months, private survey shows
...China’s services sector expanded at a quicker pace in November, as demand strengthened in Asia’s largest economy....
December 5, 2023
Investment research
Sorry, rebundling research isn’t going to work
...In addition, reforms have introduced new friction, Balkanising service delivery in ways that does no one any favours....
April 15, 2024

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