Search Results for: KPMG
KPMG and EY win major listed company audits
August 26th, 2014
KPMG and EY have won out as the latest batch of major listed company audit tenders has been decided. FTSE 250-listed Pennon Group, which provides water and sewerage services, has chosen EY to run its £1m audit. Another £1.3m ...
KPMG says EU bank reforms should be shelved
August 21st, 2014
Audit firm KPMG has written to Europe’s largest lenders saying a European Commission plan to separate banks’ consumer and investment-banking arms should be shelved, Bloomberg reported on Thursday. In an emailed statement KPMG said the proposal would not ...
KPMG retains £12m Old Mutual audit contract
August 7th, 2014
KPMG has retained its audit work with Old Mutual, after the insurance and asset management business took its £12m contract to market. The FTSE 100 life insurer confirmed it had accepted the audit committee’s recommendation that KPMG continue in ...
KPMG’s audit discovers Portugese bank irregularities
May 23rd, 2014
An audit by KPMG of Portugese financial giant Espirito Santo International (ESI) has found it is in a “serious financial condition”. In a US regulatory filing by its affiliate Banco Espirito Santo, details are revealed about the parlous financial ...
Bunzl is leaving KPMG
May 20th, 2014
FTSE 100 outsourcer changes auditors after first tender in 28 years BUNZL has said that PwC will replace its long term auditors KPMG after the FTSE 100 outsourcing group conducted its first audit tender in 28 years. In its ...
KPMG retains long-standing Greggs audit work
May 12th, 2014
The long-standing auditors of pie and sandwich chain Greggs have retained their role after a tender. KPMG has served as Greggs’ auditors since the retailer listed on the London Stock Exchange in 1984, during which time no tender has ...
Wirecard files for insolvency after ex-CEO arrested in $2 billion scandal
June 25th, 2020
Wirecard has filed for insolvency, just days after a $2 billion accounting scandal at the company burst into the open, crashing its stock and leading to the arrest of its former chief executive. The digital payments company said in ...
iSignthis released a letter to Shareholders – Update
June 17th, 2020
Below is a letter to Shareholders – Update as it was released by iSignthis: Dear Stakeholder Today the ASX released yet another one side letter, without allowing the Company to tell its side of the story. The Company has complied ...
Facebook’s transfer of EU citizen data to US legal, says EU court adviser
December 20th, 2019
Tools used by hundreds of thousands of companies to transfer EU citizens’ data abroad are legal, an adviser to Europe’s top court has ruled, marking a major win for Facebook in a long-running court case. Austrian privacy campaigner and ...
Europe gives up on sound money, prepares to join the currency war
July 3rd, 2019
Not so long ago, Europe seemed to have its financial house more-or-less in order. German government spending was actually falling. Industries that had been nationalized in the socialist 70s were being privatized. The European Central Bank – run by ...
