From Enron to Wirecard – Big 4 Accounting Firms Still Face Systemic Problems July 2, 2020 By Ellen Milligan and Hugo Miller Two decades of financial disasters from Enron Inc.’s collapse in 2001 to Wirecard AG’s meltdown have left the Big Four...
Big 4 Accounting Firms Should Separate Auditing, Consulting Work: UK Lawmakers April 2, 2019 By Thomas Beardsworth and Jonathan Browning The “Big Four” accounting firms should be forced to legally separate their “cash cow” consulting work from their auditing businesses,...
Ukraine’s Largest Bank, PrivatBank, Files $3B Lawsuit Against PwC Subsidiaries April 2, 2018 Ukraine’s largest bank, PrivatBank, said on Monday [April 1] it had filed a $3 billion lawsuit against the Ukrainian and...
Cyber Attacks Pose Greatest Threat to UK Businesses, Investors: PwC Survey February 26, 2018 By Mark Burton Investors and chief executives say cyber attacks pose the greatest threat to businesses operating in the U.K., outweighing other material...
Insurance Industry Making ‘Significant Contributions’ in Climate Change Battle, Report Shows January 25, 2018 By Don Jergler The insurance industry is making significant contributions to building socio-economic resilience to climate change and supporting the transition to a...
Days of Cyber Insurers Avoiding Costly Claims May Be Numbered: Expert July 7, 2017 By Oliver Suess Cyber crime insurers largely avoided costly claims from the recent attacks that hit business around the globe. The next global...
Insurers Increasingly Embrace Robots over Humans for Customer Service April 19, 2017 By Oliver Suess Frustrated with automated answering machines before you finally get to speak with a customer service representative? When it comes to...
International, Large-Scale Cyber Attack Uncovered by Cyber Security Watchdogs April 5, 2017 A large-scale cyber attack from a group targeting organizations in Japan, the United States, Sweden and many other European countries...
PwC Develops Blockchain Prototype for London Market Claims March 7, 2017 PwC has created a working blockchain prototype for the London Market’s Target Operating Model (TOM) Innovation Exchange, which demonstrates how...
PwC’s Oscars Screw-Up Could Risk Defense at MF Global Malpractice Trial March 3, 2017 By Bob Van Voris PricewaterhouseCoopers LLP’s epic screw-up at the Oscars could carry a high cost if jurors arrive at a malpractice trial next...