Today news
About the same in other media
How auditors missed the risks that sparked the latest banking crisis
Reading now: 873
fnlondon.comWhen KPMG gave Silicon Valley Bank a clean bill of health just 14 days before the lender collapsed, the Big Four audit firm flagged potential losses on loans as a so-called critical audit matter.
But the audit opinion was silent on what actually brought down the bank — its unrealised bond losses and ability to hold them given a reliance on potentially flighty deposits.
“The...
Read more on fnlondon.comAbout this in other media
Cycle hire: how poor parking put a spoke in the wheel of city schemes theguardian.com /1 year ago
Bitcoin Threatens Break of This Key Support Area – How Low Could the BTC Price Go? cryptonews.com /1 year ago
How some City hedge funds outpaced bigger rivals as banking crisis hit fnlondon.com /1 year ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
