The mini-bond investment firm collapsed in January 2019, owing thousands of people more than £230m

The Financial Reporting Council has launched three investigations into the audits of the now collapsed mini-bond investment firm London Capital & Finance.

Big Four audit firms, PwC and EY, will be investigated for their audits of the financial years ending in April 2016 and April 2017 respectively. Auditors Oliver Clive & Co. will be scrutinised for their audit of a one-month period ending in April 2015.

PwC, EY and Oliver Clive & Co. to be investigated over audits of collapsed London Capital & Finance

Bérengère Sim

Why hedge funds are paying $25,000 a month to interns: ‘They aren’t just doing coffee runs’ 

Here’s how crypto hedge funds performed in January 

Trading Places: BNP’s new COO, Clifford Chance poaches from KKR

https://images.fnlondon.com/im-329118?size=1.5

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

Clifford Chance hires KKR director in London private equity drive

https://images.fnlondon.com/im-81781958?size=1.5

Magic Circle firm boosts London private equity offering

Proskauer Rose hires Hogan Lovells private equity partner in London

https://images.fnlondon.com/im-06153452?size=1.5

The London-based bank said it is cooperating with the investigation.

Barclays Faces Probe From U.K. Regulator Over Money-Laundering Controls

Moscow has suggested that Washington has been responsible for prolonging the war and that it alone can agree with Russia on ending it.

By Matthew Luxmoore | Photographs by Serhii Korovayny for WSJ 

Putin Gets What He Has Long Wanted: Direct Talks With U.S.

The move ends months of speculation over how the company would move ahead with its plans to separate the business.

Unilever Picks Amsterdam Over London for Ice Cream Unit’s Primary Listing 

The regulator plans to speed up its decision-making on large deals amid concern its probes could be having a chilling effect on investment.

U.K. Competition Watchdog Targets Faster M&A Reviews

Tariff fears have roiled gold markets, pushing JPMorgan and others to stash bullion on passenger planes to sell at record prices.

Why Dealers Are Flying Gold Bars by Plane From London to New York

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