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KPMG global boss hails 'strong year' for audit giant

Professional Services Correspondent

Revenue at Big Four audit firm KPMG grew nearly 9% to $35bn this year on the back of strong demand for advisory services.

Global revenue rose from $32.1bn for the year to 30 September 2021 to $35bn for the same period this year, according to results released on 13 December.

KPMG revenue jumps to $35bn on advisory arm strength

James Booth

Ex-Fidelity star Anthony Bolton warns US stocks will have ‘day of reckoning’

JPMorgan AM ups headcount 20% in European ETF push

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Find out who is on the move in the City and beyond this week

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CDPQ hires Sharon White to lead push in Europe

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Former chair of the John Lewis Partnership is joining the Canadian pension fund giant early next year

One of the top investors in Adani Group launched an on-market share buyback to protect its share price against the contagion from a U.S. investigation into the Indian conglomerate.

GQG Launches Buyback After Stock Tumbles on Adani Probe

The president-elect floated the idea during a Wednesday meeting with the former Fed governor.

By Brian Schwartz, Vivian Salama and Andrew Restuccia

Trump Considers Warsh Serving as Treasury Secretary—and Then Fed Chair

The U.S. auditing watchdog voted to require certain audit firms to disclose eight new metrics ranging from auditor turnover to partner involvement and restatement history.

Large Accounting Firms Will Have to Submit Financial Statements to U.S. Regulator

The AI titan will maintain its strong lead, but complicated product rollouts, sky-high expectations and the China threat add complications to growth potential.

Nvidia Is on Top but Does It Have Anywhere to Go but Down?

Research group GfK’s measure of consumer confidence climbed to minus 18 in November’s survey from minus 21 in October.

U.K. Consumers Cheerier Ahead of Holidays as Budget, U.S. Election Jitters Fade

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