Professional services
Citi UK boss Lee, ex-LGIM chief Scrimgeour recognised in king’s birthday honours
Ex-EY UK head Steve Varley and Nationwide Building Society CEO Deborah Crosbie also score awards
EY faces protest over cuts to cleaning staff
Consulting giant under fire over pay and resources
2 min read
McKinsey headcount drops 10% as consultants feel the pinch again
Boom years for the sector are reversing with McKinsey the latest to make cuts, according to reports
1 min read
S&W launches regulatory consulting business with DWF partner hire
Andrew Jacobs joins the professional services firm with former team members to spearhead compliance push
1 min read
EY UK hit with second fine in a week over audit failures
Big Four firm fined by regulator over audit rule breaches
1 min read
Teneo, Hogan Lovells score £45m in fees from Russia-linked broker’s administration
City advisers have raked in tens of millions of pounds from the administration of two failed Russia-linked banks
3 min read
EY fined nearly £5m over Thomas Cook audits
The collapse of travel company Thomas Cook in 2019 left thousands of holidaymakers stranded
2 min read
Deloitte triples number of auditors using AI chatbot
Big Four firm’s bosses say AI will have a positive impact on junior staff
2 min read
PwC hires Jefferies managing director in deals push
Big Four firm boosts insurance M&A team with hire from US bank
1 min read
Boston Consulting Group re-elects CEO Schweizer as revenue hits $13bn
The leading consulting firm has appointed Christoph Schweizer for a second leadership term
1 min read
New audit watchdog set to go after non-accountant directors
Government to press ahead with plan to hold top staff at firms accountable as Arga finally gets nearer
3 min read
EY picks Alison Duncan as UK chair
Audit partner succeeds Hywel Ball as UK chair of the Big Four accountancy firm
EY to ‘aggressively cut costs’ in restructuring
EY’s major restructuring under new boss Janet Truncale is aimed at using lessons learned from its failed breakup to cut costs and boost growth
EY merges regions and announces new leaders in restructure, shows leaked memo
Big Four firm picks leaders for new ‘super regions’
EY overhauls sector focus in post-Project Everest client push
Big Four firm reorganises sector groupings to better service clients
EY legal heavyweight Monica Gogna leads team to Squire Patton Boggs
Gogna is joining the US law firm in a senior financial services regulatory role
2 min read
PwC fined £4.5m over Wyelands Bank audit
Big Four firm and partner sanctioned by audit regulator for not understanding the extent of Wyelands’ ties to the Gupta Family Group Alliance
2 min read
Accounting firm spurns private equity as rare IPO tests UK market appetite
MHA said there have been few successful IPOs in its sector. It’s hoping to change that
4 min read
EY restructures UK legal practice with 30 jobs at risk
Big Four firm consults with legal staff over job cuts
2 min read
Will the Big Four reshape US law?
KPMG’s recent US legal launch could be the start of a wave of change
5 min read