KPMG Australia boss resigns amid whistleblower scandal May 29, 2026 The boss of KPMG Australia has resigned after the firm admitted to severely mishandling a whistleblower report on client confidentiality breaches. The scandal was prompted by a whistleblower who alleged that client documents were inappropriately shared with the senior leadership team, including the chief executive, which prompted an internal investigation. But the investigation did not [...]
Private equity boom slows down as the deal bar rises for City firms May 29, 2026 Private equity interest in professional services remains, but the era of easy deals is over as most attractive targets have already been acquired, and investors are now more selective, writes Maria Ward-Brennan. The bubble around private equity interest in the professional services industry has started to deflate, as most of the “low-hanging fruit” has already [...]
Asana Acquires StackAI, Adding Cross-System Execution for Human-Agent Teams May 28, 2026 Acquisition adds orchestration for complex workflows that span enterprise systems, data, and teams
Bidgely’s EmPOWER AI London Convenes Leaders to Map the Future of Electrification, Load Flexibility, Customer Experience and Energy Affordability May 28, 2026 New LCP Delta report anchors an interactive agenda, driving candid conversations with independent researchers and regional visionaries
Workplace NDA ban may lead to more tribunals May 28, 2026 A government proposal to ban the use of non-disclosure agreements in cases of workplace harassment or discrimination may make it harder for disputes to be settled outside of tribunals. The proposal, ‘Make Work Pay’, which is open for consultation until 8 July and part of the recent overhaul of the Employment Rights Act, would ban [...]
Tech Mahindra president: UK needs less hesitation, more conviction May 28, 2026 Tech Mahindra president Harshul Asnani, who returned to London after almost 20 years in Silicon Valley, takes us through his career.
Real Chemistry Appoints Healthcare Industry Leaders Frank Clyburn and Chris Fikry to Board of Directors May 28, 2026 New independent directors bring deep experience in commercialization, data-driven transformation and growth
The Turnover: City AM’s sport business newsletter May 28, 2026 The business of sport desk at City AM have for five months now been firing off a newsletter into the inboxes of subscribers. The Turnover takes a look at what really matters each week in the world of sport business. Who is buying what? Who owns this and that? Where is the money? The Turnover [...]
Elite law firm to splash £370m on building own AI tool May 28, 2026 The world’s largest law firm by revenue, Kirkland & Ellis, is investing £370m ($500m) to develop its own custom-built AI platform, challenging competitors that rely on widely used third-party AI tools. The US-based firm, which has a large office in the City, said it plans to spend hundreds of millions over the next three to [...]
Samsung employees bag £310k bonuses as chip boom sends payouts soaring May 28, 2026 Samsung’s AI-fuelled chip boom has delivered eye-watering payouts for thousands of staff, after workers at the South Korean giant voted through a profit-sharing deal worth hundreds of thousands of pounds each. Employees in Samsung’s memory chip division are set to receive bonuses averaging roughly £310,000, mostly in stock, as soaring demand for AI data centre [...]