Accountancy

KPMG UK and Switzerland partners approve $4.4bn merger

New firm is set to be the second-largest in the KPMG network

KPMG UK boss Jon Holt was appointed to a second term leading the firm earlier this year
KPMG UK boss Jon Holt was appointed to a second term leading the firm earlier this year

KPMG UK and KPMG Switzerland partners have voted in favour of merging the two firms. 

The newly merged business will have revenue of $4.4bn and will stretch across audit, legal, tax and advisory.

WSJ Logo