Jim Copeland, Deloittes chief executive, has said he was concerned that some rescue deals involving Andersen’s individual practices would damage competition, the FT reported today.
Copeland said: ‘We’ll complain to regulators in those areas where we think an alliance would be unfair competition.’
The threat follows failed take over talks between Deloittes and Andersen for the besieged firm’s non-US operations.
PricewaterhouseCoopers, the world’s largest accountancy firm, last week negotiated a deal for Andersen’s Hong Kong and China practices, while Ernst & Young has snapped up the firm’s New Zealand and Russian operations.
KPMG is in talks to pick up all of Andersen’s non-US operations.
Carter Backer Winter has acquired Edwards Financial Services, expanding its financial planning department
New growth opportunities in Aberdeen, North East Scotland, are being invested in by Grant Thornton
Colin responds to the call for 'Darwinism' in accountancy
A new partner, Dermot Callinan, has joined Saffery Champness from KPMG where he was recently the head of the UK private client advisory team