Hints and tips:
Related Special Reports
...“If a group of partners came along and said, ‘join our lawsuit’, I would not have wanted to sign away my right to do that,” the former partner said. Grant Thornton declined to comment....
...A group of retired partners, including three former chief executives, are negotiating with the current leadership to try to get a better deal....
...that has been fast expanding beyond traditional tax and accounting into consulting services....
...The US-based group will make its investment from a $24.4bn fund raised in 2021 that is one of the largest funds dedicated to private equity deals....
...KPMG sold the insolvency and restructuring business to private equity group HIG Capital in 2021....
...Private equity groups have taken a greater interest in the sector in recent years as consolidation has gathered pace....
...“Google has put a licensing deal on the table,” said an executive at a newspaper group....
...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....
...The deal follows Deloitte’s £220mn sale of its UK restructuring and insolvency practice to US professional services group Teneo in 2021....
...China’s Ant Group is bidding against Citadel Securities for Credit Suisse’s Chinese securities unit, a move that will test Beijing’s appetite for letting the Jack Ma-founded company expand again after a...
...A wave of insurance brokerages including Hub Group and Integrity Marketing Group have taken private equity cash....
...Big Four have touted progress towards diversity goals as they engage in a war for new recruits, but their latest reports continue to show significant underrepresentation of women and people from minority groups...
...Jack Ma’s Alibaba group spent years building November 11 into the largest retail event on the planet, hiring the services of celebrities including American hip hop producer Pharrell Williams and Australian...
...“The platform attaches a great value to the community,” said Ma Han, an employee at a Beijing-based social media agency and sportswear influencer....
...Inter Miami, which is backed by investment group Ares Management and co-owned by construction billionaire Jorge Mas and his brother Jose, has emerged as a symbol of the convergence of sports, entertainment...
...One recent study by researchers from Columbia University, the University of Houston and the Brattle Group consulting firm quantified the shortfall....
...Consulting work slowed in the past year after enjoying bumper growth in 2021 and early 2022 when companies were seeking advice on how to deal with challenges linked to the Covid-19 pandemic....
...Revenue in consulting grew 16 per cent, to £1.6bn. Houston said the firm’s financial services, energy and resources, and public sector teams had all experienced “significant demand”....
...The SoftBank-backed chip designer spent the most on IPO-related non-underwriting costs since the flotation of insurance group Axa’s US arm in 2018, according to a Financial Times analysis of SEC filings...
...Saudi Arabia is gearing up to exploit what it estimates are $2.5tn of domestic mineral assets with the help of the world’s largest oil exporter, Saudi Aramco, alongside state mining group Ma’aden....
...PwC Australia also sold its government consulting business for a nominal A$1 to try to ringfence its contracts from the fallout....
...EY has hired crisis adviser David Gold to conduct a review of the failed attempt to split its audit and consulting businesses....
...But he cautioned Thorne that the group needed to “learn a lesson” from the punishment over its Huarong audits....
...In 2020, the government abruptly canned a planned $37bn initial public offering of Ant Group, the fintech Ma pulled from his ecommerce group Alibaba, after the outspoken entrepreneur criticised financial...
...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...
International Edition