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Special ReportInnovative Lawyers
Business Legal Leaders
We examine how senior in-house lawyers are adapting to new business needs in a monthly series. This time: ethical dilemmas
April 23, 2024
PwC
PwC to reverse controversial US tax split
...Griggs said that having tax under one umbrella reflected how clients bought services from PwC....
April 18, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
EY
German watchdog finds EY’s Wirecard audits grossly negligent
...Wirecard’s administrator and former shareholders have accused EY of failing in its professional duties, and have filed lawsuits claiming billions of euros in compensation....
April 16, 2024
InterviewArtificial intelligence
BCG says AI consulting will supply 20% of revenues this year
...From customer service chatbots to data migration and overhauling research and development in healthcare, Schweizer said BCG is helping companies use AI to cut costs and increase productivity....
April 23, 2024
Wirecard AG
Wirecard shareholders sue EY over alleged asset stripping in Germany
...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....
April 8, 2024
Grant Thornton LLP
Grant Thornton retirees escalate revolt over private equity deal
...The retirees’ decision to hire lawyers represents an escalation of the fight, even though individuals on both sides continue to describe talks as “productive” or “professional”....
April 11, 2024
FT Live
Diversity in Finance Awards 2024
Celebrating diversity, inclusion and equality in the financial services sector.
Thursday, 20 June44 Grosvenor Square, London W1K 2HP, UK
EY
CVC expresses interest in EY’s Italian consulting arm
...The approach underlines private equity interest in the sector and comes after several firms made investments in professional services businesses in the US and Europe....
April 18, 2024
EY
EY’s Wirecard audits marred by ‘repeated grave’ violations, says watchdog
...EY made “grave” and “repeated” violations of professional duties in its audits of defunct payments firm Wirecard, Germany’s audit watchdog Apas concluded on Friday....
April 19, 2024
News in-depthProfessional services
Consulting firms step up efforts to push out their low performers
...The sharp decline in attrition is a phenomenon across professional services firms and around the world, compounding the effect of a slowdown from the post-pandemic boom in advisory work on digital services...
April 22, 2024
Special ReportBusiness Legal Leaders
Post Office scandal exposes ethical dilemmas of general counsel
...Richard Moorhead, a professor of law and professional ethics at the University of Exeter, says matters should be reported “up the ladder” and that general counsel need to act as a “moral compass” within...
April 23, 2024
Special ReportFuture of AI
Healthcare professionals demonstrate immunity to AI
...the University of California, San Francisco, reflects on the extent to which healthcare jobs will be disrupted by artificial intelligence, he recalls an apocalyptic speech given by the British-Canadian computer...
March 26, 2024
FirstFT
FirstFT: NYSE canvasses clients for 24/7 trading
...services industry has swung to historic lows....
April 22, 2024
News updates from March 28: Sam Bankman-Fried sentenced to 25 years; US GDP growth in Q4 revised higher
Home Depot bets on professional builders with $18.25bn deal for SRS
...Home Depot has struck one of its biggest-ever deals to acquire speciality building products supplier SRS Distribution in a move that could boost its faster-growing professional services business....
March 28, 2024
News in-depthPrivate equity
Private equity groups step up pursuit of white-collar partnerships
...“We are in a new era of realising that these partnerships have attractive alternatives,” said Peter Munzig, a partner at TPG, one of the most active dealmakers in professional services....
March 18, 2024
Chinese business & finance
China’s ‘red circle’ law firms rush to tap other markets
...Zhong Lun’s office in Kazakhstan, which opened in 2019, particularly benefited from demand for legal services related to projects stemming from the BRI infrastructure programme, said Xu....
April 18, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Anjli Raval
Beware the rise of the everything adviser
...It follows a broader trend in professional services....
March 25, 2024
Trump Media & Technology Group
Trump Media’s auditor is really bad at spelling his own name
Meet Ben F orgers (we wish we were making this up)
April 24, 2024
Special ReportUK’s Leading Management Consultants
UK’s Leading Management Consultants 2024: the ratings
...) among all awarded companies in each sector and service area received a gold rating...
February 29, 2024
Management consulting
Former Tory leader William Hague joins corporate intelligence group Hakluyt
The advisory firm expects to generate revenues of £137mn in its current financial year
April 18, 2024
EY
EY drops appeal against German sanctions over Wirecard audits
...Apas, the watchdog, last year concluded that EY violated its professional duties “during the audits of Wirecard and Wirecard Bank from 2016 to 2018”....
March 26, 2024
LexAccounting & Consulting services
Private equity is not the only threat to accounting’s partnership ethos Premium content
...For now, at least, people remain pre-eminent in professional services firms. Private equity’s interest is not the only change challenging the partnership ethos....
March 8, 2024
KPMG International
KPMG fined $25mn over exam cheating scandal at firm’s Dutch arm
...And the PCAOB on Wednesday also fined Deloitte’s businesses in the Philippines and Indonesia $1mn each for answer-sharing on professional tests....
April 10, 2024
Corporate bonds
Reading small print for fun and profit
Avid Bioservices had an oopsie
March 7, 2024
Helen Thomas
How will professional services handle the Great Stagnation?
...Two years ago, the City’s professional services firms couldn’t hold on to their staff. Now, they can’t get rid of them....
December 20, 2023
Pilita Clark
It doesn’t pay to be a working-class professional
...The UK business of professional services firm KPMG revealed this in a groundbreaking analysis of the career paths of 16,500 of its partners and employees it published just over a year ago....
April 7, 2024

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