Hints and tips:
...The deal was one of several recent examples of private equity firms investing in the professional services industry....
...Conflict rules could be particularly thorny for parts of the business, including pensions advisory, that offered services to clients under multiyear contracts, said a senior industry executive....
...The heads of the risk advisory and financial advisory service lines, Andy Morris and Richard Bell, are also among those to leave the executive group....
...“Tax and audit work is being replaced by technology and the lowest price is winning, hence the transformation to consulting and advisory services....
...PwC tipped off Google on the timing of a controversial Australian tax law, based on inside information gleaned by one of the accounting firm’s partners, it has been revealed....
...The firm also has tax and legal, financial advisory and risk advisory divisions, which sit alongside its audit and consulting operations....
...The accounting and consulting group reported revenues of $59.3bn, with about $16bn coming from selling services as part of alliances with tech groups such as Amazon Web Services, Google, Salesforce and SAP...
...Andrew McNaught has been appointed chair of UK Advisory and Kirshlen Moodley has been promoted to take his place as head of UK Advisory....
...Fund management, market-making and advisory services are all mentioned, and FTX is listed as a strategic partner: Satori doesn’t seem to have a lot of followers (264 on Twitter, 119 on Medium at pixel),...
...The global financial crisis in 2008 led to a downturn in the amount of advisory work for professional services firms around the world....
...It calls to mind the recent case of Conviviality, an Aim-traded company that went bust after discovering a £30m unpaid tax bill. PatVal’s tax demand is smaller at £1.1m....
...The US saw the biggest increase in private equity transactions with a 52 per cent rise in deals led by buyout funds, accounting for a total of $46.4bn so far this year....
...The three had been identified by Institutional Shareholder Services, the influential proxy advisory firm, as those who held the most responsibility for the disastrous acquisition of UK software company Autonomy...
...Preceding AmTech (now Gleacher & Co.), Mr Schreiner was co-founder/portfolio manager at MS Capital Management, LLC, a Phoenix-based hedge fund....
...advisory division of Ernst & Young....
...Of the 82 banks, commercial finance companies and factors surveyed by Phoenix Management Services, 9 per cent said hedge funds posed a “serious” threat and 38 per cent a “moderate” threat....
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