PracticeAuditSix firms no difference in banking crisis, says KPMG chief

Six firms no difference in banking crisis, says KPMG chief

No evidence that six firms auditing banks would have prevented crisis, says John Griffith-Jones

SIX FIRMS auditing the banks was unlikely to have prevented the financial crisis, according to a Big four chief.

KPMG Europe joint chairman John Griffith-Jones said there was no evidence that having six auditors rather than four would have made a difference to the banking sector’s collapse, reported the Daily Telegraph.

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