Catch up with the latest accountancy and finance news in our weekly round-up…

Accountancy firms push to hand regulator powers over company bosses

Accountancy firms including Grant Thornton, BDO and Mazars have argued that the Financial Reporting Council must be able to punish errant company bosses as well as auditors.

U.S.-China trade talks end with no breakthrough as tariffs kick in

U.S and Chinese officials ended two days of talks on Thursday with no major breakthrough as more tariffs were activated.

Competition watchdog to scrutinise merger of Sainsbury’s and Asda

The competition watchdog has launched a formal investigation into whether the merger between Sainsbury’s and Asda could hurt consumers and small businesses.

Goldman Sachs to launch UK online retail bank in coming weeks

Marcus, named after the Goldman Sachs’ founder, will launch its savings accounts to retail customers as it seeks to broaden its appeal.