Forvis Mazars UK CEO: We have what others are trying to buy May 6, 2026 Forvis Mazars UK boss tells Maria Ward-Brennan that the firm’s integrated, global structure is what competitors are now trying to acquire through mergers and investments Forvis Mazars has built an integrated firm from the ground up, something others are now trying to purchase, says its UK chief executive, who added that building integration from scratch [...]
KPMG faces staff uproar as job cuts expose communication breakdown May 6, 2026 Big Four audit firm KPMG is facing something of an internal comms meltdown, City AM understands, amid complaints of a lack of communication during a ‘mismanaged’ redundancy round. In late March, it was reported that KPMG UK was set to axe more than 500 staff in the latest redundancy round at the Big Four giant. [...]
Alvarez & Marsal poached FTI heads as firm seeks to challenge Big Four giants May 5, 2026 Management consultancy firm Alvarez & Marsal has poached its second FTI name to join its recently launched reputation advisory practice as it seeks to challenge the Big Four. The newest recruit, senior director Tom Hufton, joins managing director Rob Mindell to lead the practice, City AM can reveal. The firm’s new practice, launched at the [...]
Prothena to Report First Quarter 2026 Financial Results on May 7 April 30, 2026 Prothena Corporation plc (NASDAQ:PRTA), a late-stage clinical biotechnology company with a robust pipeline of investigational therapeutics built on protein dysregulation expertise, today announced that it will report its first quarter 2026 financial results on Thursday, May 7, 2026, after the close of the U.S. financial markets. Consistent with past practice, the Company will not be [...]
Grant Thornton snaps up Australian sister firm as part of global push April 29, 2026 Professional services giant Grant Thornton US is set to acquire the firm’s Australian counterpart to become part of its global advisory platform, boosting the private equity-backed player’s global reach. Grant Thornton US said the transaction was “recommended by the board and would close later this year, subject to shareholder partner approval and standard regulatory conditions.” [...]
Golden partnership perks? Not anymore, say the Big Four April 27, 2026 As the Big Four giants grapple with profitability challenges, the traditional partnership model is undergoing significant change to prevent the profit pool from being diluted. The traditional dream at professional services firms – joining, working hard and climbing the ladder to partnership within an LLP structure – now looks very different at the Big Four [...]
Janus Henderson to Report First Quarter 2026 Results April 24, 2026 Janus Henderson Group plc (NYSE: JHG) (“Janus Henderson” or the “Company”) will announce its first quarter 2026 results after market close on Friday, May 8, 2026. While the previously announced take-private transaction with Trian Fund Management, L.P. and its affiliated funds, and General Catalyst Group Management, LLC and its affiliated funds remains pending, the Company [...]
Regulator fines PwC £95m over Chinese Evergrande audit April 23, 2026 The Hong Kong regulator fined PwC Hong Kong a landmark HK$1bn (£95m) for its role as auditor for the now-liquidated property giant, China Evergrande Group. Back in Janaury 2023, PwC resigned as Evergrande’s auditor following a series of disagreements with the heavily-indebted property developer over its audit of the firm’s 2021 accounts. This came after [...]
AI-focused services make up 40 per cent of BCG’s 2025 revenue April 23, 2026 The global revenue of the consultancy group Boston Consulting Group (BCG) reached $14.4bn (£10.6bn), a single-digit increase over the previous year, credited to AI. BCG reported seven per cent global revenue growth, rising to $14.4bn in 2025 from $13.5bn in 2024, marking its 22nd consecutive year of growth. The firm said its AI-and tech-focused services [...]
PwC consulting overhaul reveals AI reckoning for the Big Four April 16, 2026 The influx of AI is putting the Big Four’s structures under strain, and cracks are beginning to appear in their consultancy divisions, argues senior reporter Maria Ward-Brennan. The industry is facing a storm of problems, including over-recruitment during the pandemic, low staff attrition rates due to economic issues, and a drop in fees as the [...]