KPMG | Global news | Page 5

An overview of KPMG global news:

United Kingdom

Europe | United Kingdom

Volume of UK fraud falls but value booms past £1 billion Fraud cases of more than £100,000 declined in number through 2022 – falling by more than one-quarter from the previous year.
27 February 2023
Middle East

Middle East | Regional

Five steps to improve the odds of M&A integration success In today’s uncertain and complex environment, successfully closing and integrating a deal can be a major challenge for dealmakers.
22 February 2023
United States

North America | United States

KPMG launches accounting/tax scholarship for underrepresented students KPMG US has launched a new scholarship for underrepresented racial and ethnic groups pursuing a master’s degree in accounting or tax.
21 February 2023
United Kingdom

Europe | United Kingdom

Consulting firms maintain 'cautious optimism' on 2023 M&A market Following a record year, the 12 months of 2022 saw a fall in the volume and value of M&A activity.
21 February 2023
Australia

Oceania | Australia

KPMG slashes 200 jobs in management consulting business The Australian arm of KPMG expects to axe around 200 jobs in the coming months, following a slowdown in the firm’s management consulting business.
20 February 2023
United States

North America | United States

KPMG US lays off 700 employees in advisory business KPMG was the first US Big Four firm to cut jobs amid a weaker economy and reduced demand for consulting services – laying off 700 people in its advisory wing.
16 February 2023
Canada

North America | Canada

Canadian fintech investment dips in 2022 after banner 2021 Investment in Canada’s financial technology (fintech) industry fell 81.4% to US$1.
16 February 2023
Saudi Arabia

Middle East | Saudi Arabia

Paul Ridley joins KPMG's Defense & Security practice in Saudi KPMG has welcomed a new leader in its Advisory business, with Paul Ridley relocating to Saudi Arabia to join the Defense & Security practice.
15 February 2023
United Arab Emirates

Middle East | United Arab Emirates

Dubai’s hospitality industry enjoys sunny outlook for 2023 As Dubai’s hospitality industry continues its strong post-pandemic rebound, leisure and business trips are both on an upward growth trajectory heading into 2023.
13 February 2023
Saudi Arabia

Middle East | Saudi Arabia

Saudi companies on the front foot with adopting new technologies Companies in Saudi Arabia are relatively keen on exploring and adopting new technologies, according to the new ‘Tech Survey Saudi Arabia’ study by KPMG.
08 February 2023
Bahrain

Middle East | Bahrain

KPMG hosts Bahraini leaders for ins and outs of decarbonization Over 100 business leaders in Bahrain recently convened at the Downtown Rotana Hotel to discuss the topic of decarbonization and net zero. A round-up of the event’s key takeaways.
08 February 2023
Australia

Oceania | Australia

KPMG acquires Adelaide-based SAP specialist Think180 The Australian arm of KPMG has made its first acquisition in close to a year, picking up SAP specialist Think180 and its nationwide team of around 30 – including the addition of two new partners.
07 February 2023
Canada

North America | Canada

Sun Life appoints former KPMG partner Joe Natale to board Insurance firm Sun Life has appointed Joe Natale, formerly CEO of Rogers and a partner at KPMG Canada, to its board of directors.
07 February 2023
Saudi Arabia

Middle East | Saudi Arabia

Saudi Arabia's top sectors for CX: Retail and Financial Services What sectors offer the best customer experience in Saudi Arabia? In its take on the multifaceted question, KPMG surveyed over 1,500 consumers from across the Kingdom to find out, concluding that reta
06 February 2023
Australia

Oceania | Australia

Analysis: Political funding and donations by the Big Four The Australian Electoral Commission has released its political donation data for the 2021-22 financial year, with the Big Four once again splashing out in support of political leaders and parties.
05 February 2023
Canada

North America | Canada

KPMG Canada advised on most mid-market M&A deals in 2022 KPMG Canada advised on the most mid-market mergers and acquisitions in 2022, according to a Refinitiv report.
03 February 2023
United Kingdom

Europe | United Kingdom

KPMG UK revenues hit £2.7 billion in 2022 The revenues of KPMG’s UK business grew by double digits in its last financial year.
03 February 2023
Saudi Arabia

Middle East | Saudi Arabia

KPMG report: Saudi Arabia should nurture SMEs in industrial sector As Saudi Arabia looks to diversify its oil-based economy and increase the contribution of SMEs to its national income, supporting small and mid-sized enterprises in the country will be vital.
02 February 2023
Australia

Oceania | Australia

The 400+ consultancies on the Management Advisory Services Panel The Australian Government has completed the multi-year procurement process for its Management Advisory Services Panel, appointing a total of more than 400 consulting firms and professional services g
29 January 2023
Australia

Oceania | Australia

Big Four leaders share their views on Australia Day debate With the annual controversy around the date of Australia Day continuing to grow, a number of senior leaders from the nation’s Big Four consulting and accounting firms have shared their personal views
27 January 2023
Canada

North America | Canada

KPMG and PMP Strategy advise DIF on investment in RFNOW DIF Capital Partners, a Dutch independent infrastructure equity fund manager, has invested in RFNow, a Prairie telecom firm. DIF was advised on the deal by KPMG and PMP Strategy.
27 January 2023
Middle East

Middle East | Regional

ESG due diligence on the rise in the mergers & acquisitions scene The ESG megatrend is increasingly entering the word of mergers & acquisitions, according to new research by KPMG.
26 January 2023
Middle East

Middle East | Regional

G42 Cloud seals partnership deal with KPMG Lower Gulf Abu Dhabi-based G42 Cloud has welcomed a consulting major to its partnership ranks, sealing a deal with KPMG’s Lower Gulf division.
24 January 2023
Canada

North America | Canada

Only one-third of Canadian companies report on biodiversity loss With universal reporting standards and tightening regulations on the horizon, companies will need to improve the quality and scope of their environmental, social, and governance (ESG) reporting, a KP
23 January 2023
Middle East

Middle East | Regional

KPMG names Rasheed Al-Qenae as chairman of MESAC region KPMG has named Rasheed Al-Qenae, managing partner of its Kuwait organisation, as its new Chairman for the Middle East, South Asia, and Caspian (MESAC) region.
16 January 2023
Australia

Oceania | Australia

Paul Henderson (KPMG) named on LGBT+ future role model list INvolve – one of the world’s leading diversity & inclusion platforms – has released its OUTstanding lists for 2022, with KPMG’s Sydney-based Paul Henderson named as a future role model.
15 January 2023
United States

North America | United States

KPMG appoints Travis Hunter, Jr as Chicago office head KPMG US has named Travis Hunter, Jr as managing partner of its Chicago office, effective January 3.
13 January 2023
Australia

Oceania | Australia

Loneliness: The hidden mental health crisis costing $2.7 billion per year Considered a time for family festivities, the holiday season can add to the burden for those experiencing loneliness. A new KPMG report examines the economic cost of the hidden epidemic.
09 January 2023
Saudi Arabia

Middle East | Saudi Arabia

KPMG adds Robert Ptaszynski to leadership team in Saudi Arabia KPMG has strengthened its leadership team in Saudi Arabia with Robert Ptaszynski, who joined the firm from a global consulting counterpart.
09 January 2023
United Kingdom

Europe | United Kingdom

Study links socio-economic background to career progression UK businesses may be neglected huge swathes of leadership talent, by overlooking unconscious biases relating to social class.
09 January 2023
Australia

Oceania | Australia

Solving the skills shortage in Australia’s project management industry According to the Australian Institute of Project Management’s latest ‘State of Project Management’ report, project management organisations across Australia face increased competition for labour and
08 January 2023
United States

North America | United States

KPMG buys strategy consultancy The Arnold Group KPMG US has acquired The Arnold Group, a Seattle-based strategy consulting firm focusing on B2B technology clients.
06 January 2023

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