Cyprus confidential Leaked files raise questions over timing of deal as government of Cyprus reveals ‘ongoing’ criminal investigation Tue 14 Nov 2023 16.00 GMT One of the world’s biggest accountancy firms helped Russia’s “richest” oligarch attempt to transfer £1bn in a public company on the day he was placed under EU sanctions, leaked documents suggest. …
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PwC
PwC defends plans to cut 600 jobs rather than bosses’ pay | PwC
PwC News come months after PwC revealed more than 1,000 UK partners would be paid £906,000 each PwC’s chair has defended plans to cut up to 600 jobs rather than cut partner pay amid a slowdown in client demand, saying it was important to offer “competitive” pay packages to senior staff. The accounting and consultancy …
PwC defends plans to cut 600 jobs rather than bosses’ pay | PwC
PwC’s chair has defended plans to cut up to 600 jobs rather than cut partner pay amid a slowdown in client demand, saying it was important to offer “competitive” pay packages to senior staff. The accounting and consultancy firm said it was trying to right-size the business after weaker growth, rising costs and a drop …
PwC to cut up to 600 UK jobs as attrition rate plunges
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. PwC plans to cut up to 600 jobs in the UK as a plummeting number of resignations at the firm pushes it to make staff redundant instead. The firm will launch a voluntary redundancy programme …
PwC picks Mohamed Kande as global chair
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. PwC has picked the head of its international advisory business, Mohamed Kande, to be its next chair, putting the Big Four accounting firm in the hands of a consulting partner for the first time. Kande’s …
PwC to curtail consulting work for US audit clients to reduce conflict risk
Receive free Accounting & Consulting services updates We’ll send you a myFT Daily Digest email rounding up the latest Accounting & Consulting services news every morning. PwC is planning to give up tens of millions of dollars of consulting work for its US audit clients to reduce the risk of conflicts of interest, challenging its …