Over the past year, investors and economists have repeatedly criticized the Federal Reserve for its aggressive interest rate hikes aimed at lowering inflation. Mohamed El-Erian—the […]
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German ministers face grilling over Wirecard collapse
Frankfurt am Main (AFP) – Germany’s finance and economy ministers will be grilled by lawmakers on Wednesday about the massive fraud scandal that brought down […]
British Accounting Firms Face New Setback as FRC Opens Probe
(Bloomberg) — Britain’s audit industry faces another dent to its reputation as the nation’s accounting watchdog ordered a probe into PricewaterhouseCoopers LLP, Ernst & Young […]
EY and PwC face investigation over London Capital & Finance audits
PwC Three auditors which signed off the books of collapsed savings firm London Capital & Finance (LCF) are being investigated by the accounting watchdog. Big Four […]