Kpmg Financial News
08.12 / 10:51
Bank of England
UK
kpmg
REC
job vacancies
Economic uncertainty slows hiring activity as wage pressures recede in November
Permanent job placements fell at the second-fastest rate since June 2020, while temporary hires returned to a decline after two months of growth.
15.01 / 11:53
09.01 / 13:52
economics
UK
kpmg
Retail Sales
British Retail Consortium
UK sales growth dips below average in December
The Christmas period failed to 'make amends for a challenging year of sluggish retail sales growth', as consumers held back spending due to weak confidence.
21.12 / 18:41
kpmg
People moves
Business roles
Natixis
Natixis IM promotes CFO to deputy CEO role
Nathalie Bricker (pictured), deputy CEO of Natixis IM
08.12 / 15:59
regulation
kpmg
Treasury
financial conduct authority
Consumer Duty
FCA plans 'new form of simplified advice' in extensive review
The FCA noted that the proposals were high-level at this stage, not definitive and reflected early thinking. The regulator said they would evolve based on stakeholder feedback and further engagement.
05.12 / 14:51
UK
kpmg
BRC
Retail Sales
British Retail Consortium
Early Black Friday fizzles out with lacklustre November retail sales
Paul Martin, UK head of retail at KPMG, said the 'limping' sales growth so close to Christmas was evidence the cost of living crisis was taking its toll on spending.
23.11 / 15:38
kpmg
Investment trusts
AGM
Saba Capital
Crystal Amber AGM resolutions pass despite strong dissent
KMPG has been Crystal Amber’s auditor since its listing in 2008, which could trigger independence concerns.
12.10 / 13:27
UBS
kpmg
People moves
GAM
GAM names co-manager of Star Credit Opportunities strategy
Romain Miginiac (pictured) has worked at Atlanticomnium since 2018.
11.10 / 14:02
economics
Bank of England
UK
kpmg
Jobs
Low
Pay growth eases as UK starting salary inflation drops to two-and-a-half-year low
According to the report, companies remained hesitant to commit to new permanent hires due to ongoing economic uncertainty and efforts to control costs.
10.10 / 08:01
inflation
UK
kpmg
Cost of Living
BRC
Retail Sales
British Retail Consortium
UK retail sales
UK retail sales growth stunted by higher cost of living
Retail sales growth has been artificially boosted by high inflation over the last two years.
05.09 / 07:43
UK
kpmg
food inflation
British Retail Consortium
UK retail sales
UK retail sales up by 4.1% in August
Shoppers remain concerned about the relatively high food inflation, as fewer now believe food prices will get cheaper in the next year. | Credit: iStock
02.08 / 22:31
kpmg
ESG
Bitcoin
KPMG touts ESG benefits from Bitcoin, counters misperceptions in new report
KPMG has released a report on Bitcoin and ESG (environment, social and governance) issues. The professional services firm, one of the world’s Big Four, found that Bitcoin “appears to provide a number of benefits across an ESG framework.”
18.11 / 10:11
business
Blockchain
Adoption
kpmg
NOT
Metaverse ‘explosion’ will be driven by B2B, not retail consumers: KPMG partner
The Australian arm of Big Four accounting firm KPMG could soon be holding executive meetings and closing multi-million dollar deals with clients in the Metaverse, with the firm now exploring how the revolutionary technology can transform its business model.
14.10 / 05:55
Adoption
regulation
kpmg
Bitcoin
guidelines
FASB guidelines could 'smooth the way' for broader crypto adoption
The United States Financial Accounting Standards Board (FASB)’s decision to allow companies to use “fair value” to account for their crypto holdings could be seen as another step toward the wider institutional adoption of cryptocurrency.
07.09 / 04:51
business
Blockchain
Adoption
kpmg
VCs pour $14.2B into crypto in H1 2022, but investments now slowing
Venture capital firms poured $14.2 billion into crypto across 725 deals in the first half of 2022, but big four accounting firm KPMG predicts investments will likely slow for the remainder of the year.
28.06 / 17:03
Blockchain
Adoption
kpmg
Training
KPMG enters the metaverse, invests $30M in Web3 employee training
KPMG, one of the Big Four accounting firms in Canada and the United States, has revealed the opening of its first metaverse collaboration hub to help its employees and clients pursue growth opportunities in the digital era.
25.06 / 00:03
business
event
kpmg
Toronto
Crypto Biz: Crypto was in full swing at Collision Conference, June 17-23
For all the gloom and doom in the cryptocurrency market these days, our industry continues to make inroads into mainstream tech. This week, I had the pleasure of attending the sold-out Collision Conference in Toronto, and crypto was featured prominently. During the event, I got to moderate three panels, including two that were crypto-focused. The fact that the biggest tech conference in North America is letting me talk cryptocurrency after a six-month bloodbath proves there’s more to the industry than just price. And, I’m not saying the price isn’t important — but context is everything.
23.06 / 00:33
business
Adoption
kpmg
Institutions are exploring the space — KPMG Canada crypto team
The Canadian operations of Big Four auditor Klynveld Peat Marwick Goerdeler, or KPMG, may have a role to play in institutions entering the crypto space, according to two team members.
11.02 / 17:35
business
NASDAQ
kpmg
Wells Fargo
Crypto Biz: Wall Street is marketing Bitcoin for us, Feb. 3-9
A lot has changed since I first started covering Bitcoin (BTC) in 2012. A market once relegated to the deepest corners of the internet has now spawned a global revolution that has forced corporations and governments to form an opinion on digital assets. Now, Wall Street is chiming in, with analysts at major banks increasingly convinced that crypto is a maturing asset class with long-term potential.
09.02 / 11:13
Ethereum
Trading
kpmg
Bitcoin Price
recovery
$4K Ethereum by July? ETH price posts fastest recovery to date from 50% drawdown
The price of Ether (ETH) has pulled back to retest $3,000 support levels on Feb. 9 after Ethereum's native token reached a three-week high.
08.02 / 17:30
Blockchain
Adoption
Report
kpmg
4 key takeaways from KPMG Pulse of Fintech Report
As Bitcoin (BTC) and altcoins took a break from reaching new all-time highs, the market sentiment seems gloomy since the start of 2022. However, while the market seems to be sleeping, its trajectory shows that there’s more to look forward to in the coming months.
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