PwC | Global news | Remarkable

An overview of PwC global news:

China

PwC hit with record fine and six-month ban in China over Evergrande work PwC’s auditing arm in mainland China, PwC Zhong Tian, has been hit with a six-month business suspension and a record fine of 441 million yuan ($62 million) by Chinese regulators due to its handling o
13 September 2024
United Kingdom

PwC on brink of six-month China ban Professional services giant PwC could be stung with a six-month ban on working in China, according to sources close to the firm.
27 August 2024
United Kingdom

PwC considers first woman for UK CEO role As PwC’s UK CEO Kevin Ellis prepares to step down, the race to replace him is heating up.
03 April 2024
Australia

Luke Sayers faces heat over PwC ‘whistleblower’ complaint Former PwC boss Luke Sayers has been arguably the star attraction of the endless Senate inquiries into the consulting sector, bringing a certain impish charm to proceedings while his contemporaries w
09 February 2024
Australia

PwC commits to full recommendations list of independent report The Ziggy Switkowski report into culture and governance at PwC has been publicly released, with the firm committing to its full suite of recommendations including the appointment of an independent ch
27 September 2023
United Kingdom

PwC to sell Australian government business in wake of scandal Professional services giant PwC has announced it will sell its federal and state government consulting wings in Australia for a value of less than £1.
27 June 2023
Australia

PwC executives step down in wake of tax leaks scandal The government tax scandal has triggered a raft of senior leadership changes within PwC, with Financial Advisory managing partner Pete Calleja and Chief Strategy & Risk Officer Sean Gregory the lates
10 May 2023
Portugal

Police raid Portugal offices of BCG and PwC in corruption probe Consultants of two of the world’s largest professional services firms have found themselves at the heart of a major corruption probe in Portugal.
27 January 2023
Australia

Rising star PwC partner Shao Hong implicated in $3.3 million fraud Sydney-based PwC partner Shao Hong has been implicated in a $3.3 million fraud claim lodged in the Federal Court, accused of being an active or knowing participant.
22 November 2022
United Kingdom

PwC manager sues firm over 'pub golf' brain injuries PwC has found itself at the centre of a lawsuit in the UK, after an employee alleged his employer pressured him and other staff to participate in binge drinking.
24 August 2022
Australia

PwC fires racist staff and fines partners for not intervening Two of PwC Australia’s senior human resources specialists have been asked to leave the firm, following an internal investigation into alleged incidents of racism.
20 October 2021
Australia

PwC issues compulsory Covid-19 vaccination for returning staff Professional services firm PwC has followed in the immediate footsteps of close rival Deloitte to issue a mandatory Covid-19 vaccination policy for all employees returning to the office.
11 October 2021
United Kingdom

Irish TDs slam claim that PwC hospital review is 'no conflict of interest' Ireland’s Department of Health has been lambasted by Teachta Dálas, after it defended PwC’s role in the review of a hospital project it also consulted upon months before.
29 May 2019
United Kingdom

Deloitte, KPMG and PwC reveal UK Partners fired for inappropriate behaviour After the #MeToo movement brought conversations on sexual misconduct to the forefront of the entertainment industry, all other aspects of business swiftly followed.
14 December 2018
United Kingdom

PwC Partner dressed as bishop chases down handbag thief A soon-to-be PwC Partner from Oxfordshire has made headlines after he apprehended a suspected handbag thief in London.
27 July 2018
United Kingdom

PwC gives all its 16,000 UK employees day off on 29 June Big Four firm PwC has handed its UK employees an extra day of holiday this year, in praise of their hard work over the previous financial year.
25 May 2018
United Kingdom

Parliamentary report prompts Big Four to prepare for forced break-up The Big Four professional services firms are preparing for state intervention forcing them to separate their auditing and consulting wings in the UK, after a damning parliamentary report further sugg
22 May 2018
United Kingdom

Big Four accused of 'feasting' on Carillion as combined £72 million fee revealed Executives from the Big Four of PwC, EY, KPMG and Deloitte have come under pressure from MPs to justify their roles in collapsed outsourcer Carillion.
12 March 2018
United Kingdom

PwC roasted at 90th Oscars over 'envelopegate' PwC was forced to relive their now infamous gaff from last year’s Academy Awards, as Hollywood’s elite joined forces to gleefully rib the long-time partner of the ceremony.
09 March 2018
United Kingdom

Former PwC Partner accused of sexual assault attempts to sue firm for £5 million A one-time Partner of professional services firm PwC has commenced his bid to sue the firm for unfair dismissal.
02 March 2018
United Kingdom

PwC fined £5 million for ‘misconduct’ in Connaught audit Big Four accounting firm PwC has been charged with ‘misconduct’ over its auditing services and has to pay the £5 million, the largest fine ever to be administrated by the Financial Reporting Council,
17 August 2017
United Kingdom

PwC apologises for incorrect envelope during Oscars ceremony The annual presentation of the Academy Awards - known as the Oscars – took place over the weekend.
28 February 2017
United Kingdom

Big 4 PwC ditches formal dress code for staff in Australia PwC Australia has done away with its formal dress sense, to be replaced by staff judgement in relation to their work situation.
17 June 2016
United Kingdom

PwC closes down 7 offices in Germany, leaves staff grumbling Seven of PwC’s offices closed down in Germany last year, as the firm sought to save itself €25 million per year in costs.
05 May 2016
United Kingdom

PwC under fire for using corporate jets of client PwC has not had the best of weeks recently.
20 February 2015

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