Following the selling of its advisory business to French group Atos
Consulting in 2002, KPMG has signaled a push back into the consulting by
recruiting Atos’s chief executive, Bernard Brown.
Brown, a former KPMG partner, will rejoin the firm in October.
He orginally left KPMG when it sold its British and Dutch consulting business
to Atos Origin for £420m four years ago.
According to reports, as many as 20 senior Atos staff have rejoined KPMG in
the past year, prompting Atos to waive a non-compete agreement due to stand
until August on the condition that KPMG does not hire any more of its staff.
Both PricewaterhouseCoopers and Ernst &Young sold off their consulting
arms following fears of a US crackdown on conflict of interest among audit firms
in the wake of Enron.
Deloitte was the only Big Four firm to retain its advisory business.
Andrew Tyrie airs views on the Finance Bill, 'Making Tax Policy Better' report, and Brexit
In our latest managing partner Q&A looking towards 2017, CVR Global's Richard Toone talks about recruitment, and the potential threat of competition from the legal sector, as key issues for the firm in the coming year
Deloitte to avoid tendering for government contracts over the next six months, to appease Theresa May following consultant's report that painted a less-than-flattering picture of Brexit plans
In our first Q&A looking towards 2017, Menzies senior partner Julie Adams flags up increasing digitisation, aligned with more hands-on consultative services, as the key mix for her practice