Professional Services

Cavendish rejects takeover approach for M&A and debt advisory units

City investment bank rejects bid amid consolidation in sector

2 min read

McKinsey headcount drops 10% as consultants feel the pinch again

Boom years for the sector are reversing with McKinsey the latest to make cuts, according to reports

1 min read

S&W launches regulatory consulting business with DWF partner hire

Andrew Jacobs joins the professional services firm with former team members to spearhead compliance push

1 min read

Teneo, Hogan Lovells score £45m in fees from Russia-linked broker’s administration

City advisers have raked in tens of millions of pounds from the administration of two failed Russia-linked banks

3 min read

EY fined nearly £5m over Thomas Cook audits

The collapse of travel company Thomas Cook in 2019 left thousands of holidaymakers stranded

2 min read

Deloitte triples number of auditors using AI chatbot

Big Four firm’s bosses say AI will have a positive impact on junior staff

PwC hires Jefferies managing director in deals push

Big Four firm boosts insurance M&A team with hire from US bank

Boston Consulting Group re-elects CEO Schweizer as revenue hits $13bn

The leading consulting firm has appointed Christoph Schweizer for a second leadership term

New audit watchdog set to go after non-accountant directors

Government to press ahead with plan to hold top staff at firms accountable as Arga finally gets nearer

EY picks Alison Duncan as UK chair

Audit partner succeeds Hywel Ball as UK chair of the Big Four accountancy firm

2 min read

EY to ‘aggressively cut costs’ in restructuring

EY’s major restructuring under new boss Janet Truncale is aimed at using lessons learned from its failed breakup to cut costs and boost growth

5 min read

EY overhauls sector focus in post-Project Everest client push

Big Four firm reorganises sector groupings to better service clients

3 min read