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b'The push into legal services by the big accounting firms has \xc2\xadaccelerated after PwC unveiled the recruitment of one of Telstra\xe2\x80\x99s former senior general counsel, Mick Sheehy, who will run a consulting business aimed at
SBI has floated the debt restructure deal and it has to be seen whether other lenders would be happy to take on equity and convert debt into a riskier instrument like equity in an airline and in a business they know nothing about, Dhiraj Mathur, Partner, PwC, tells ET Now.Edited excerpts: How are the overall intricacies of the Jet deal likely to take place? The lenders are going to get about 11.4 crore shares at a price of Re 1 for debt conversion.
Big Four firm Deloitte has announced a multiyear partnership with US Soccer. The agreement begins with the 2019 season and runs through 2021. The partnership positions Deloitte as the official services provider of the US Soccer Federation and the title sponsor of the second annual US Soccer SheBelieves Summit, which will be held on March 9 at Nike’s New York City headquarters.
Former PwC trainee Adrian Doran has led an accomplished career since leaving the Big Four firm to join the banking sector. As of next January, he will be installed as the Chair of CBI Northern Ireland, having served as Vice Chair for the duration of 2019.
Barret Kupelian, senior economist at PwC, comments on the latest Eurozone GDP data: "Today’s GDP estimate confirmed that Eurozone economic activity continues to cruise along at a rate of around 0.2% quarter-on-quarter, matching its growth rate in the previous quarter.
As companies are becoming increasingly focused on the social impact of their business operations, Deloitte has developed a new Social Impact Measurement Model (SIMM), pioneering a machine learning tool that forecasts the results of a large corporate investment – such as opening a new office or headquarters – on a community, across more than 75 social measures.
b'The Securities and Exchange Commission fined Deloitte Touche Tohmatsu LLC $2 million for violating auditor independence rules and suspended its former CEO and director of independence for causing the violations.'
b"New Zealand's Ministry of Health has officially awarded a contract to build the much-delayed National Screening Solution (NSS) to Deloitte, the consulting firm having already designed the blueprint for the system."
b'Former PwC director of private clients Liz Westover has been appointed as a partner at Deloitte.'
b'Niblett previously served as a partner at Deloitte, where he held a number of senior roles before retiring in May 2015.'
Deloitte’s member firm in Japan, Deloitte Touche Tohmatsu LLC, is paying a $2 million settlement to the U.S. Securities and Exchange Commission to resolve charges that it issued audit reports for a client at the same time dozens of its employees had bank accounts at a subsidiary of the client.
News Danny MCance 14 Feb 2019 12:54pm PwC Italy partner named in BT criminal investigation Andrea Alessandri is under “preliminary criminal investigation” for his role in the £530m BT Italy accounting scandal, according to reports The PwC Italy partner led the team responsible for auditing BT Italy’s accounts during the period in question and has been accused by Italian prosecutors of falsifying the audit.
UK house price growth falls, with negative growth in London and the North East Commenting on the latest UK house price figures out today, Jamie Durham, economist at PwC, said: “Today’s house price release from the ONS and Land Registry shows house price inflation fell to 2.5% in the year to December 2018, from 2.7% in November.
b'CAPE TOWN \xe2\x80\x93 Minister of Finance Tito Mboweni will deliver the Budget Speech 2019 in Cape Town on 20 February.'
Louis Ashworth The Big Four accountancy firms face fresh global pressure as an Australian probe investigates whether they have operated as a cartel in the country. The Australian Competition and Consumer Commission (ACCC) contacted Deloitte, EY, KPMG and PwC late last year to request information, in order to determine whether a full inquiry is needed, the Australian Financial Review (AFR) reported.
AMP Capital today announced that Deloitte Australia would be taking a 10-year lease over approximately 32,000 square metres in Quay Quarter Tower at Circular Quay. This brings the total pre-commitment of Quay Quarter Tower to 76 per cent, following AMP’s announcement in December 2016 it had agreed to take 35,000 square metres.