Cross-border investments slumped to half the levels of 2002, which itself had been a weak year, the Financial Times reported.
A report by the Organisation for Economic Co-operation and Development analysed trend of transactions to and from OECD countries on an annual basis. It recorded a total inflow of $140m (£84m) and an outflow of $115m (£69m). Both are just an eighth of flows recorded in 2000, before the slump in the M&A market.
The average cost of fraud increased 35.4% to £3.9m in 2016, compared to 2015 data
Tallat Mahmood appointed to corporate finance team of Top 20 firm
Andrew Tyrie airs views on the Finance Bill, 'Making Tax Policy Better' report, and Brexit
Senior partner David Elliott has been appointed in KPMG’s Newcastle office