PwC resigns as auditor of gold miner Petropavlovsk on governance concerns August 24, 2020 PwC has resigned as the auditor of under-fire gold miner Petropavlovsk due to concerns over the firm’s corporate governance after a long-running boardroom battle. The FTSE 250 miner today confirmed that the Big Four accountant had turned down its appointment as Petropavlovsk’s auditor. According to the Russia-focused company, PwC cited “the recent significant changes in [...]
Revealed: The City of London’s top dealmakers of 2023 February 14, 2024 2023 was not a vintage year for dealmaking in the City but there was still plenty of scope for dealmakers to ply their trade.
Who’s winning the City’s talent war? The firms that paid the most in 2022 December 24, 2022 Where to find the best paid job? As strikes over pay have brought the country to a halt, it is notable that workers in one sector in particular have seen their pay packets bulge in 2022. Aside from criminal barristers, who carried out a month’s long strike this summer, those working in private sector legal [...]
Here are the law firms ranked highest on aiding social mobility October 31, 2023 Social Mobility Foundation report on social mobility sees City law firms making up more than half of the rankings.
PwC delays results over coronavirus partner pay uncertainty August 21, 2020 Big Four accountancy firm PwC UK said it is delaying its annual results by four months because the coronavirus slowdown means it is unsure of what to pay partners and what to distribute in staff bonuses. PwC normally announces its results in September but is now planning on releasing its results for the year to [...]
Brit Marianne Lake tipped to succeed Jamie Dimon as JPMorgan boss January 28, 2024 British banking executive Marianne Lake is among the leading candidates set to take over from Jamie Dimon as chief executive of JPMorgan Chase after a reshuffle of the US giant's leadership.
London-listed law firm Knights returns to organic growth as buying spree continues January 11, 2024 London-listed law firm Knights posted a return to organic growth today following a flurry of acquisitions over the last year.
Spring Budget 2024: Renters worry as Hunt coaxes landlords to sell with capital gains tax cut March 6, 2024 Today's Spring Budget saw landlords receive a surprise handout from Chancellor Jeremy Hunt after he cut the rate of capital gains tax applying to residential property by four per cent.
Insolvencies jump 18 per cent in October as high rates squeeze firms November 14, 2023 The number of firms going bust in England and Wales has jumped yet again as the higher-for-longer interest rate environment continues to put pressure on businesses and consumers.
City Moves: Who’s switching jobs in the Square Mile? December 9, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. WilmerHale Law firm WilmerHale has built out its London-based white-collar defence and investigations practice with a new partner. Richard Burger, a former enforcement lawyer and prosecutor at the Financial Conduct Authority’s predecessor the FSA, brings experience co-heading [...]