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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