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PwC
PwC to cut up to 600 UK jobs as attrition rate plunges
...Retaining staff in their current roles rather than continuing to hire into teams that were growing “would make our business lopsided”, Ellis said....
November 7, 2023
Peru
US raises concern with Peru over Chinese control of infrastructure
...It was “conceivable” that China could use it to resupply naval vessels, as already happened with the Chinese-built Hambantota port in Sri Lanka, Ellis added....
October 3, 2023
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
InterviewFinancial Reporting Council
Big Four can continue to dominate, signals UK accounting watchdog
...Audit bosses, including PwC UK chair Kevin Ellis, have warned that some of the FRC’s rebukes risked damaging the sector’s image and recruitment efforts....
November 17, 2023
TikTok Inc
Universal Music impasse with TikTok threatens to take more tracks off platform
...The waiting music ahead of the call included Sophie Ellis-Bextor’s “Murder on the Dance Floor”, a song Universal owns the rights to, which exploded in popularity on TikTok in recent months....
February 28, 2024
PwC
PwC tells UK staff to expect smaller pay rises and bonuses
...Senior partner Kevin Ellis warned at the time that the figure was likely to be lower this year after half of the staff were handed bumper raises of at least 9 per cent last summer....
June 28, 2023
UK business
PwC UK chair backs ‘loud restart’ of CBI after scandal
...“In the nine months of virtual standstill at the CBI, what’s been pretty clear is there hasn’t been an alternative voice for business,” said Ellis....
January 30, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
News in-depthPwC
PwC Middle East partners to play key role in selection of UK boss
...Ellis took over only days after the UK voted to leave the EU....
April 14, 2024
The Big Read
Kirkland & Ellis: is it party over for the world’s most profitable law firm?
...In 1989, Michael Lewis chronicled the excesses of Wall Street in his seminal book Liar’s Poker, named for a game of chance on which traders gambled thousands of dollars....
December 12, 2023
UK tax
Private equity advisers warn Labour’s carried interest tax plan will hit City
...A former partner at Kirkland & Ellis, he added: “Private equity is a significant business generator for London and any move by (private equity firms) to relocate out of the UK will have a damaging effect...
March 13, 2024
News in-depthVenezuela
Venezuela raises stakes in dispute with Guyana over oil riches
...“My sense is that it’s probably a bluff,” said Evan Ellis, professor of Latin American studies at the US Army War College....
December 7, 2023
Due Diligence
PE+QE made K&E. Will it last? Premium content
...Discover Financial Services has named TD Bank’s Michael Rhodes as chief executive....
December 13, 2023
Accountancy
Saudi Arabia consulting boom bolsters PwC’s UK partner pay
...The Middle East arm is more heavily focused on selling consultancy services, including in its Saudi Arabia offices, where it mainly serves government and state-owned entities, Ellis said....
August 22, 2023
Style
Kurt Cobain’s anti-fashion legacy
...Marc lost his job at Perry Ellis. Buyers hated it, they didn’t know how to sell it....
April 2, 2024
Due Diligence
Barclays boss has a bold turnaround plan. Will it work? Premium content
...Kirkland & Ellis has hired tax lawyers David Levy and Brian Senie as partners. Levy and Senie join from Weil, Gotshal & Manges....
February 21, 2024
Donald Trump
Michael Cohen tells court he ‘reverse engineered’ Donald Trump’s financial statements
...Michael Cohen, the one-time fixer and personal lawyer of Donald Trump, testified on Tuesday that he had been instructed by the former US president to “reverse engineer” the value of assets that are now at...
October 24, 2023
FT Live
Evolving retirement strategies in an ever-changing world
What new regulatory developments mean for IFAs
Tuesday, 30 April1 Friday Street, London
ReviewAlbums
Nikki Iles: Face to Face review — standout orchestral jazz
...The German jazz orchestra’s long history of international collaborations ranges from the English composer Michael Gibbs to US saxophonist and James Brown sideman Pee Wee Ellis....
December 8, 2023
News in-depthPwC
PwC succession twist followed debate on management style
...“It is a chair or ambassadorial role,” said Kevin Ellis, who heads PwC UK. “It’s a different skill and a different job. Tim has been an extremely good CEO....
October 18, 2023
Special ReportNorth America Innovative Lawyers
US firms fine-tune global expansion ambitions
...“In some ways, what’s happening is a shift in terms of what the priority markets are, or might be, going forward,” says Michael Gerstenzang, Cleary Gottlieb’s managing partner....
December 5, 2023
Due Diligence
Biden and Sunak meddle in two big deals Premium content
...“It could be worse than Brexit for financial and advisory services in London,” Sachdev said in an interview with DD’s Will Louch and the FT’s Michael O’Dwyer....
March 14, 2024
FT Magazine
The puzzling afterlife of Britain’s last executioner
...Neither does he express particular interest or concern for the fates of Timothy Evans, Derek Bentley or Ruth Ellis. Pierrepoint was particularly adamant when it came to Ellis....
February 9, 2024
Financial services
How investors lost their love for UK property funds
...“Following recent redemption requests from investors, we have concluded . . . the fund will not be commercially viable,” said Michael White, head of UK property at Canada Life Asset Management....
October 27, 2023
Mergers & Acquisitions
The inequity method of accounting
...Kingswood and its lawyers at Kirkland & Ellis quickly moved to have the Delaware Court of Chancery confirm the arbitration ruling. The chancery court in February did so confirm, albeit reluctantly....
April 11, 2024
Due Diligence
Nelson Peltz gets shut out of the magic kingdom Premium content
...Among them: Simpson Thacher; Kirkland & Ellis; Latham & Watkins; Cravath; Debevoise & Plimpton; Freshfields; and Akin Gump....
April 4, 2024
Special ReportNorth America Innovative Lawyers
How big should a US law firm be? Plus: top 35 innovative firms
...Michael Gerstenzang, managing partner of Cleary Gottlieb, points out that, five years ago, the largest firms by headcount and revenues were not necessarily the most profitable....
December 5, 2023
Bankruptcy
Top US bankruptcy judge steps aside from big cases amid investigation
...Jackson Walker frequently represents debtors in the Texas court, usually in tandem with a large national firm — often Kirkland & Ellis — that leads the case....
October 13, 2023

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