Keep up with what’s been happening this week in our accountancy and finance news round-up…
Panic over the coronavirus on the global financial markets amid the biggest market crash in a generation has forced the US central bank to inject trillions of dollars into bond markets in a drastic attempt to prevent a repeat of the 2008 credit crunch.
The European Central Bank (ECB) has announced steps to tackle the economic impact of the coronavirus outbreak.
SoftBank Group Corp is buying back up to $4.8 billion of its shares after their recent slump, a move that partially met the demand of activist fund Elliott but failed to soothe investors panicking from the coronavirus pandemic.
An advisor to union pension funds in calling on General Electric Co. to drop KPMG as its auditor after a series of accounting missteps and strategic blunders rattled investor confidence in the one-time blue-chip company.
EY has picked its audit chief to run its UK business, continuing the Big Four’s woeful record of senior female leadership.