PricewaterhouseCoopers (PwC) is in the fore runner to win the multi-million
pound audit contract for the merged
Lloyds ‘superbank’, if
its takeover of HBOS goes through, according to sources.
PwC, which is the incumbent Llotds TSB auditor, billing the bank £12m last
year, is understood to be recruiting heavily in preparation for the Lloyds-HBOS
merger going through, leaving rival KPMG – which audits Bank of Scotland – with
a big gap in its fee income, Scotland on Sunday reports.
Neither KPMG nor PWC would comment on the speculation, but KPMG confirmed it
was reviewing its Edinburgh tax and advisory division which would lead to job
HBOS shareholders are expected to approve the merger between HBOS and Lloyds
on Friday, assuming that a legal challenge from the
HMRC breaches client confidentiality; and partner profits fall at EY. These stories and more discussed in Friday Afternoon Live
Does Darwin's theory apply to taxation? Colin ponders...
Two new audit partners have been appointed at the firm BDO in its audit practice following continued growth and investment
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group