KPMG Australia Scandal Widens After it Confirms Optus Data Was Misused June 22, 2026 By Christine Chen and Renju Jose KPMG Australia staff shared sensitive information about telecom firm Optus with another internal team bidding for an audit contract for...
Evergrande Liquidators Seek to Quash Regulator’s PwC HK Deal June 17, 2026 By Trista Xinyi Luo, Pearl Liu and Kiuyan Wong China Evergrande’s liquidators have asked a court to void a HK$1 billion ($127.6 million) shareholder compensation deal a regulator struck...
MFS Collapse Triggers Probe Into Failed UK Lender’s Auditors June 11, 2026 By Donal Griffin and Lucca de Paoli The UK’s audit watchdog is probing accountancy firms linked to Market Financial Solutions Ltd., the mortgage lender backed by multiple...
China Evergrande’s Liquidation Prompts Some PwC Partners to Weigh Shielding Assets June 11, 2026 By Trista Xinyi Luo, Pearl Liu and Kiuyan Wong The liquidation of China Evergrande Group, the collapsed property developer, is raising concerns among some partners at its former auditor...
EY Pays Over £100 Million to Settle NMC Health Legal Claim May 18, 2026 By James Booth EY UK has paid more than £100 million ($133 million) to the administrators of NMC Health Plc to settle claims...
Evergrande Liquidators Seek $8.4 Billion From PwC International in Hong Kong Court May 18, 2026 By Trista Xinyi Luo, Pearl Liu and Venus Feng China Evergrande’s liquidators are seeking 57 billion yuan ($8.4 billion) in their lawsuit against PricewaterhouseCoopers International Ltd. and its mainland...
PwC’s Hong Kong Unit Agrees to Pay $166M to Settle HK Evergrande Audit Probe April 23, 2026 By Kiuyan Wong and Trista Xinyi Luo PricewaterhouseCoopers LLP’s Hong Kong unit agreed to pay HK$1.3 billion ($166 million) in fines and compensation to settle investigations into...
German Dentists’ Fund Sues Advisers Over €1.1 Billion Loss January 8, 2026 By Arno Schütze and Karin Matussek A German pension fund whose foray into private markets led to losses that totaled half of the fund’s assets has...
Ex-Greensill Executives Charged in Germany Over Bankruptcy December 18, 2025 By Karin Matussek German prosecutors charged two former board members of Greensill Bank AG for their roles in the 2021 demise of the...
Credit Fund’s Collapse Leads to $1 Billion Lawsuit Against EY July 9, 2025 By Paula Sambo Bridging Finance Inc.’s receiver is suing Ernst & Young LLP for C$1.4 billion ($1 billion), alleging the auditor failed to...