Levitt was made SEC chairman by president Bill Clinton in July 1993 and was the longest-serving chairman when he left in February 2001.
He was best known to accountants for his crusade to safeguard auditor independence which prompted furious debate in the profession. Levitt believed that by providing certain non-audit services to audit clients, large accountancy firms risked losing their independence.
‘Neuberger Berman is honoured to have an individual of such stature serving on our board,’ said Neuberger president and chief executive Jeffrey B Lane.
Neuberger Berman provides investment management services to clients and mutual funds.
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.
Kevin Reed discusses whether new accountancy group Cogital can rival the Big Four...and its likely direction of travel