At issue is the bank’s failure to put to one side funds that may become payable in compensation to Leo Kirch, a media tycoon.
The potential liability arose after comments by Rolf Breuer, Deutsche Bank supervisory board chariman, on the credit-worthiness of Kirch’s KirchGruppe business.
Mazars has announced the appointment of Michael Tripp as the new head of financial services
A new leader, Darra Singh has been appointed to lead EY’s UK government and public sector practice
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
Revenue and profitability growth in on the rise for CPA firms, found a survey from the American Institute of CPA’s and its subsidiary CPA.com