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Apas stops short of establishing criminal intent in Big Four firm’s conduct
...Should the professional service firm be sentenced to pay damages to Wirecard shareholders, it could shift its existing audit business into the new entity and declare the old one insolvent, he warned....
Bank had to break leases to vacate defunct rival’s buildings
...Jayne Brady, head of Northern Ireland’s Civil Service — which is running the region based on budgets set by London — urged Heaton-Harris to provide an “immediate budget allocation” for public sector workers...
...However, Heaton-Harris has said public sector pay is a devolved issue for the region’s executive to deal with....
Big Four firm botched audit work and quality control over several years, Apas concludes in multiyear investigation
...Chris Heaton-Harris, Northern Ireland secretary, welcomed the move and said MI5’s assessment process was “systematic, comprehensive and rigorous” and based on the very latest intelligence....
...“We are preparing a general strike for 18 January to force his [Heaton-Harris’] hand if he hasn’t delivered by then,” said Carmel Gates, general secretary of public service union Nipsa....
...The improved financial package included a new calculation of how much Northern Ireland needs in financing, a write-off of previous overspending and additional cash to reduce health service waiting lists....
...“The prize could not only be stabilising public services but a genuine catalyst for growth.”...
...for how a restored executive plans to deliver the transformation of public service.”...
...Westminster’s offer includes cash to stabilise the Northern Ireland administration’s finances and overhaul strained services, as well as providing money to boost public sector pay this year....
...The Police Service of Northern Ireland said: “As is usual procedure, all charges will be reviewed by the Public Prosecution Service.”...
Big Four firm seeks to conclude years-long crisis triggered by work for defunct payments firm
...Birnie said funding to transform public services should be “ringfenced”....
Swiss lender awards returning chief executive $15.9mn for steering integration of Credit Suisse
...Northern Ireland secretary Chris Heaton-Harris said parallel talks with the Democratic Unionist Party, Northern Ireland’s largest pro-UK political group, over the post-Brexit trading arrangements for the...
Exit leaves barely any senior managers from failed Swiss bank remaining at combined group
...As soon as Stormont returns, London has promised to unlock a £3.3bn aid package to address the region’s public finances and services crises, which have spiralled during the two years of political limbo....
...But thousands of clients were locked out of their accounts and service centres were overwhelmed after 12mn clients and 50bn individual data sets were moved to a different IT system....
...The proposals included a one-off payment to stabilise Northern Ireland’s public finances, and extra cash for public services....
...Instead, the regulator in its report referenced anonymised companies “[Company A] Bank AG” and “[Company A] Capital (UK) Limited”....
...The deal also included an agreement where Atlas would provide investment management services to some of the assets Credit Suisse retained....
...Work on the latter has already advanced in meetings that the head of the Northern Ireland Civil Service, Jayne Brady, has held with party leaders in recent months....
...Chris Heaton-Harris, the UK’s Northern Ireland secretary, called it “extremely generous”....
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