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KPMG | Global news | Page 2

An overview of KPMG global news:

Canada

Two megadeals drive record half for investment in Canadian fintechs Megadeals for Montreal-based fintechs Nuvei and Plusgrade powered the total value of investments in Canadian fintechs to a record high of US$7.8 billion in the first six months of 2024.
21 August 2024
Australia

Nathan Power and Jacob Mercep back to work at KPMG and PwC After a whirlwind Olympics campaign, Australian men’s water polo co-captain Nathan Power and teammate Jacob Mercep will soon return to their regular day-jobs back home, at PwC and KPMG.
20 August 2024
Australia

KPMG the latest of the Big Four hit by consulting revenue dive The Australian wing of KPMG has become the latest of the country’s Big Four to report a downturn in annual revenues, slipping 3.6 percent to $2.2 billion for its 2024 financial year.
18 August 2024
Asia

PropertyGuru swaps investor hands for next phase of growth Asian real estate platform PropertyGuru has been acquired by EQT, in an all-cash deal valuing the Singapore-based online real estate platform at $1.1 billion.
16 August 2024
Middle East

Turki Alajmi becomes partner in KPMG's Defense & Security practice KPMG has promoted Turki Alajmi, a Saudi-based member of the company, to partner in its Defense & Security practice.
14 August 2024
Australia

KPMG selects five start-ups for Future Technology program Professional services firm KPMG has unveiled the latest round of participants for its successful Future Technology start-up program, which this time focuses on intelligent performance solutions.
13 August 2024
Middle East

KPMG merger forms 5,000-strong business in the Middle East KPMG’s two largest member firms in the Middle East – Saudi Levant and Lower Gulf – have voted to integrate their businesses to create a regional powerhouse of over 5,000 employees operating across si
10 August 2024
Canada

Canadian firms worried extreme weather will harm their bottom line The overwhelming majority (92%) of Canadian businesses fear the extreme weather events of the last year are the “new normal” and they will be hit by a climate-related event, according to a recent KPM
09 August 2024
Middle East

Family businesses must balance tradition with future-proof legacy Successful family businesses most often harness tradition, experience, and innovation to achieve a new dynamic form of legacy.
05 August 2024
Middle East

New technologies an opportunity and risk for internal audit The world of internal audit is being disrupted by developments in technology, with robotic process automation (RPA) and artificial intelligence (AI) at the forefront of these developments.
18 July 2024
United Kingdom

Businesses turn to partnerships for technological change needs As businesses press ahead with multiple technological transformations, a two-thirds majority are not sure their systems are ready for the change.
10 July 2024
India

KPMG appoints Reena Wahi as Head of People, Performance and Culture KPMG has appointed Reena Wahi as Partner and Head of People, Performance and Culture. She will be based out of Mumbai.
05 July 2024
Australia

KPMG recruits three senior heavy-hitters to Australian leadership KPMG has added three senior leaders of diverse backgrounds to its leadership team: former Labor minister David Bradbury, Jennifer Westacott and Michael Ebeid.
03 July 2024
Middle East

MSBC delivers Family Business Hackathon in partnership with KPMG The inaugural edition of the Family Business Hackathon has concluded in King Abdullah Economic City, with KPMG serving as Knowledge Partner and Diamond Sponsor of the event.
02 July 2024
Australia

KPMG welcomes 9 new partners in its consulting business Global professional services firm KPMG has made 52 partnership admissions across its 2024 financial year, with the bulk of those added to its recently rejigged management consulting division.
30 June 2024
Middle East

GRI and IFRS unite to set new sustainability reporting standard The expanded collaboration between the Global Reporting Initiative (GRI) and the International Financial Reporting Standards (IFRS) Foundation signifies a pivotal moment for corporate sustainability
27 June 2024
Australia

Consulting leaders help 2024 Vinnies CEO Sleepout raise millions Consulting leaders have participated in the annual Vinnies CEO Sleepout at events across the country – and even beyond – raising valuable funds to support homelessness.
26 June 2024
Australia

KPMG tilts management consulting division more towards tech Less than one year on from its last major restructuring, professional services firm KPMG is getting set for another overhaul – this time with around 200 consulting jobs on the chopping block.
25 June 2024
United Kingdom

Vishal Chopra to lead KPMG in Scotland KPMG UK has announced the new head of its firm in Scotland. Vishal Chopra will take on the role from James Kergon in October 2024.
24 June 2024
India

German companies see India as a strong growth market despite challenges German multinationals are increasingly considering India as a strategically important market for their growth and presence, according to a study by KPMG and the Indo-German Chamber of Commerce.
18 June 2024
Australia

KPMG rolls out customised KymChat solution to tax staff Following up on last year’s KymChat release, professional services firm KPMG has now equipped its Australian tax specialists with their own custom-built generative AI tool dubbed KymTax.
17 June 2024
Canada

KPMG Canada expanding use of AI to boost efficiency and productivity KPMG Canada says it has been investing in generative artificial intelligence (GenAI) proprietary tools, training and solutions to enhance the work of its 10,000 professionals.
17 June 2024
Australia

Consulting leaders receive King’s Birthday Australia AM honours Two consulting industry stalwarts have received King’s Birthday AM honours: former KPMG chair Alison Kitchen, and one time EY Oceania consulting division managing partner Lynn Kraus.
11 June 2024
United States

KPMG appoints Patrick Ryan as head of DC office and federal sector KPMG US has promoted Patrick Ryan to managing partner of its Washington, DC office and leader of its US federal sector.
11 June 2024
United Kingdom

Workers turning to AI to beef up their office skills UK workers feel they are being left in the cold by current training initiatives from their employers.
07 June 2024
United Kingdom

Nicholas Fox on the future benefits of chartered status Since its launch, the Chartered Management Consultant award has gone from strength to strength – with more than half of the Management Consultancies Association’s member firms having now joined the d
06 June 2024
Canada

KPMG Canada expands its executive training centre KPMG Canada, in partnership with Microsoft, has expanded its operational risk skills development centre across the country to upskill executives on generative artificial intelligence and cybersecurit
04 June 2024
Australia

Consultancies named top employers at LGBT+ Inclusion awards Global consultancy firms Capgemini, EY, Accenture, PwC, Deloitte and KPMG have been named top employers at this year’s Australian LGBT+ Inclusion awards.
01 June 2024
United Kingdom

Big Four firms among those to withdraw offers to foreign graduates Deloitte and KPMG are among UK-based businesses which have axed offers to foreign graduates, following a change to UK visa rules.
29 May 2024
United Kingdom

KPMG merges UK and Switzerland business to form £3.4 billion group British and Swiss partners of KPMG have voted overwhelmingly in favour of merging their partnerships, creating a £3.4 billion professional services group.
28 May 2024
Canada

KPMG Canada appoints Benjie Thomas as next CEO KPMG Canada has appointed Benjie Thomas as chief executive officer, effective October 1, 2024.
28 May 2024
Australia

Big Four respond to unambitious Australian federal budget The Australian branches of the ‘Big Four’ accounting and consulting firms have responded to the latest federal budget, lamenting a lack of long-term structural reform in their appraisals.
15 May 2024

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