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PwC
PwC to reverse controversial US tax split
...Griggs, an auditor, was elected US senior partner in February in a ballot of PwC’s 4,000 US and Mexico partners, beating Kathryn Kaminsky, co-head of trust solutions, and Jenny Koehler, chief investment...
April 18, 2024
PwC
PwC strips partners of leadership roles over election rule breaches
...PwC stripped three senior partners of their management roles and disqualified one of them from the race to run its US business after finding they breached leadership election rules....
March 5, 2024
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
PwC
PwC delays graduate scheme promotions as client demand slows
...PwC’s UK partners took home an average of £906,000 in the year to June 2023, down from £1.03mn during the previous year, as profits stagnated....
February 12, 2024
PwC
Liquidators for China’s Evergrande prepare to sue PwC over audits
...Middleton and Wong, and PwC, declined to comment....
February 17, 2024
PwC
PwC pushes to loosen rules on independent board members
...In September, PwC’s Australian business said it would hire three independent members to its local board, including a new chair, after a damning report into the culture and management of the firm....
December 18, 2023
PwC
PwC UK imposes restrictions on business-class travel
...It comes as the Big Four accounting firms — Deloitte, EY, KPMG and PwC — seek to trim costs and as large employers cut back on travel to reduce their carbon emissions, relying more on video calls to conduct...
December 9, 2023
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
KPMG UK
KPMG UK partnership shrinks to half the size of rival PwC
...PwC has 1,057 equity partners, while EY and Deloitte have 930 and 714, respectively, after expanding their partnerships in the past year....
November 19, 2023
US financial regulation
Accounting firms hit with record US fines over audit failures
...The Public Company Accounting Oversight Board fined PwC’s Greek business $3mn on Tuesday and levied a $500,000 penalty on KPMG in Japan on Wednesday for failing to meet US standards in their audits of New...
November 15, 2023
FirstFT
FirstFT: Israel launches attacks against Iran
...at a potentially significant cost to their labour forces and economies....
April 19, 2024
UK financial regulation
UK accounting watchdog warns he is ‘sheriff for only half the county’
...“At the moment, I’m sheriff for only half the county . . . and my arsenal is weaker than other regulators....
March 26, 2024
News in-depthPwC
PwC Middle East partners to play key role in selection of UK boss
...The new UK, US and global bosses will all take up their respective positions at the end of June, with changes also due in China and Japan, raising questions about PwC’s succession planning....
April 14, 2024
News in-depthMergers & Acquisitions
Capital One’s $35bn deal takes aim at Visa and Mastercard
...sheriff,” said Jeff Oliver, partner at law firm Baker Botts and a former staff attorney at the Federal Trade Commission’s bureau of competition....
February 22, 2024
PricewaterhouseCoopers (Australia)
PwC Australia slashes jobs after tax leaks scandal
...PwC Australia intends to kick off a series of roadshows to unveil its new strategy in the coming months and will make promotions and appoint new partners in July following the reset....
March 13, 2024
News updates from March 5: China targets 5% GDP growth in 2024, Gold and Bitcoin hit record highs
PwC strips partners of leadership roles over election rule breaches
...Neil Dhar, who had been considered a frontrunner to replace Tim Ryan as US senior partner, was removed as a candidate in December and dropped from his role as co-leader of the US consulting business, said...
March 5, 2024
UK property
UK rental costs rise at record 9.2%
...In Great Britain overall, the average monthly rent stood at £1,200....
April 17, 2024
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
Accounting & Consulting services
Australian authorities allege PwC is ‘deliberately hiding’ tax scandal report
...official Jeremy Hirschhorn about PwC....
February 9, 2024
News updates from March 28: Sam Bankman-Fried sentenced to 25 years; US GDP growth in Q4 revised higher
US audit regulator sanctions PwC Australia for disclosure failures
...The Australian authorities began investigating claims that PwC was using confidential government information to woo tax clients in 2021, but the firm only disclosed the probe to the US Public Company Accounting...
March 28, 2024
PwC
PwC’s Evergrande audits set to face new probe by Hong Kong regulator
...PwC China said it was aware of the AFRC statement and would continue to co-operate with regulators....
April 19, 2024
News updates from March 12: US House votes through bill to ban TikTok; Geert Wilders announces he will not be Netherlands PM
PwC Australia to cut headcount in aftermath of damaging ‘tax leaks’ scandal
...The group has moved to strengthen its governance in the wake of the scandal and will appoint an independent chair and board members, which is unusual for a global consulting firm....
March 13, 2024
ETF HubLatest news on ETFs
Active ETFs look set to storm Europe’s mutual fund bastions
...Both Blackwater and PwC said one reason for mutual fund managers’ change of heart was the rapid rise of actively managed ETFs in the US....
March 6, 2024
PwC
PwC fined $7mn over exam cheating by China and Hong Kong staff
...PwC has been fined $7mn after a US regulator found that more than 1,000 of its audit staff in China and Hong Kong cheated on internal training exams designed to get them up to speed on US standards....
November 30, 2023
The Weekend Essay
The promise and perils of the egg-freezing revolution
...Major UK-headquartered companies including Shell and PwC still do not offer the benefit. (The Financial Times also does not.)...
March 23, 2024
ReviewTelevision
Fargo series 5 review — offbeat crime anthology returns with Jon Hamm and Juno Temple
...★★★☆ Episodes 1 & 2 on Prime Video in the UK and Hulu in the US....
November 24, 2023
PwC
PwC drops some US diversity goals to meet changed legal landscape
...“There are changes in nuance and emphasis, but this is still the same racial bean-counting that contrives to reduce individuals to their immutable characteristics in a way that is difficult to square with...
January 17, 2024
UK business
PwC UK chair backs ‘loud restart’ of CBI after scandal
...The appointment in December of former Serco and Aggreko chief executive Rupert Soames as CBI president was a key factor in PwC’s decision to continue its membership, along with its efforts to address shortcomings...
January 30, 2024

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