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KPMG | Global news | Page 6

An overview of KPMG global news:

Canada

KPMG Canada hit with $1.4-billion lawsuit over Bridging Finance collapse PwC Canada, the receiver for Bridging Finance, is suing KPMG Canada for $1.4 billion over alleged deficiencies in the firm’s auditing of the private debt manager, which collapsed in 2021.
20 April 2023
Middle East

KPMG welcomes new class of Hussain Kasim Internship program A group of around 20 talents have been admitted into the first 2023 class of KPMG’s Hussain Kasim Internship Program in Bahrain.
20 April 2023
Australia

KPMG expands start-up challenge to Papua New Guinea and Fiji Now into its second year, KPMG’s Nature Positive Challenge has an increased prize-pool and expanded geography, with Papua New Guinea and Fijian environmental start-ups now eligible to participate.
11 April 2023
Australia

KPMG shuffles senior leadership in the South Pacific KPMG has shuffled its senior leadership in the South Pacific, with Zanie Theron taking over the regional reins from Michael Yee-Joy and Ces Iewago replacing her as managing partner in Papua New Guinea.
10 April 2023
United Kingdom

Utility price hikes sees consumers further scale back spending The growth of the UK economy looks set to come under further pressure in the coming months, as consumers further scale back their purchases in 2023.
10 April 2023
Middle East

KPMG promotes Nagaraj Uchil and Rajiv Maloo to partner Global professional services firm KPMG has appointed two new Advisory partners in the United Arab Emirates.
07 April 2023
United Kingdom

KPMG appoints Oxana Miroshnichenko as Partner Oxana Miroshnichenko has become a Partner within KPMG UK’s strategy group. She brings 18 years of experience to the role.
06 April 2023
Australia

KPMG moves into new Parramatta office with space for 500-plus The Parramatta Square development has welcomed the arrival of new tenants KPMG, with the professional services firm’s new, especially-designed modern office to house upwards of 500 staff.
05 April 2023
Australia

KPMG and PwC the latest consultancies to embrace ChatGPT Tentative in the initial rush, some of the world’s biggest consultancies are now embracing the revolutionary power of Open AI’s ChatGPT technology, with KPMG and PwC both developing new tools.
04 April 2023
United Kingdom

James Osborn named Chief Digital Officer of KPMG The UK wing of KPMG has appointed James Osborn as its Chief Digital Officer. He steps into the shoes of Lisa Heneghan, who has been promoted to Global Chief Digital Officer at KPMG International.
03 April 2023
United Kingdom

KPMG launches new product to boost retail analytics Aimed at giving retail clients a competitive edge, Dash is a digital tool combining business data with AI to help make better commercial decisions.
31 March 2023
Malaysia

MDEC partners with KPMG to groom next Malaysian unicorns The Malaysia Digital Economy Corporation (MDEC) is teaming up with KPMG to power its ambition of helping promising Malaysian tech firms attain the coveted status of a unicorn.
29 March 2023
United Arab Emirates

UAE’s banking sector books strong performance and is robust in 2023 The UAE banking sector looks back at a strong 2022, with net profits up more than 25% on the year previous.
28 March 2023
Australia

KPMG New Zealand adds 11 members to 100-strong partnership Eleven new members have been added to KPMG New Zealand’s partnership so far this year across a number of offices and service lines, with the local branch now boasting more than 100 partners.
26 March 2023
Canada

Businesses want more government incentives for green transition Businesses say they need more help from the government to help Canada transition to a greener economy, according to a KPMG report.
22 March 2023
Australia

KPMG and Stone & Chalk accelerator opens for space sector startups Applications are now open for the second round of the Future Technology Program, a joint KPMG and Stone & Chalk accelerator for local start-ups – with this year’s focus centred on the space sector.
20 March 2023
United Kingdom

Major milestone for chartered management consultant award As the Chartered Management Consultant Award continues to gain traction, it has announced another major milestone.
20 March 2023
Australia

KPMG partner Tim Thomas named CEO of Australia-India Centre The Australian government has tapped KPMG partner Tim Thomas to be CEO of the newly-established Centre for Australia-India Relations, which aims to foster greater political and economic cooperation.
14 March 2023
Australia

KPMG adds weight to South Pacific ambitions with acquisition in Fiji As it moves forward with its bold expansion plans, KPMG Fiji has acquired Microsoft specialist Acton for an undisclosed sum.
13 March 2023
United Kingdom

Donnie MacLeod hired as Managing Director at KPMG Donnie MacLeod has been appointed as a Managing Director in KPMG’s London office.
10 March 2023
Canada

As fraud costs increase, companies look to emerging tech to cut risk With more companies reporting instances of fraud, a KPMG Canada survey found 85% of Canadian organizations are interested in using new and emerging technology to fend off potential attacks.
08 March 2023
Australia

GradAustralia’s Top 100 Graduate Employers | Consulting Firms Online platform GradAustralia has revealed its latest list of Australia’s ‘Top 100 Graduate Employers’, with over one fifth of the entire list of top employers in the hands of leading management cons
07 March 2023
Europe

‘China to curb power of Big Four accountants and consultants’ China's government is trying to curb the power of the Big Four, especially in the audit domain, according to reports from Bloomberg citing discussions with high-ranked partners within the Chinese org
07 March 2023
United Kingdom

KPMG helps GeoPura raise £36 million in investment round Big Four firm KPMG has advised UK clean energy company GeoPura in raising £36 million in an investment round.
03 March 2023
Canada

KPMG donates $600K to HEC Montreal KPMG Canada has donated $600,000 to HEC Montreal’s “Measuring Beyond” environmental, social, and governance (ESG) initiative.
01 March 2023
China

China pushing for shift away from Big Four to local audit firms With tensions between China and the United States continuing to simmer, China’s Ministry of Finance has reportedly asked state-owned enterprises to stop relying on the Big Four for their audit needs
28 February 2023
Australia

Kickstart your career in consulting? The top employers for graduates Graduates in Australia can be as picky as ever over their choice of employer due to a number of market factors, with consulting remaining one of the most popular professions for those seeking to kick
27 February 2023
United Kingdom

Volume of UK fraud falls but value booms past £1 billion Fraud cases of more than £100,000 declined in number through 2022 – falling by more than one-quarter from the previous year.
27 February 2023
Middle East

Five steps to improve the odds of M&A integration success In today’s uncertain and complex environment, successfully closing and integrating a deal can be a major challenge for dealmakers.
22 February 2023
United Kingdom

Consulting firms maintain 'cautious optimism' on 2023 M&A market Following a record year, the 12 months of 2022 saw a fall in the volume and value of M&A activity.
21 February 2023
Australia

KPMG slashes 200 jobs in management consulting business The Australian arm of KPMG expects to axe around 200 jobs in the coming months, following a slowdown in the firm’s management consulting business.
20 February 2023
Canada

Canadian fintech investment dips in 2022 after banner 2021 Investment in Canada’s financial technology (fintech) industry fell 81.4% to US$1.
16 February 2023

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