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KPMG in the spotlight over Silicon Valley Bank audits
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Silicon Valley Bank failed just 14 days after KPMG gave the lender a clean bill of health. Signature Bank went down 11 days after the accounting firm signed off on its audit.
What KPMG knew about the two banks’ financial situation and what it missed will likely be the subject of regulatory scrutiny and lawsuits.
KPMG signed the audit report...
Read more on fnlondon.comAbout this in other media
Abrdn, Ares, Sequoia among over 5,900 private funds that used Silicon Valley Bank as a custodian fnlondon.com /1 year ago
Blame traditional finance for the collapse of Silicon Valley Bank cointelegraph.com /1 year ago
BlackRock’s Larry Fink: Markets still ‘on edge’ over Silicon Valley Bank collapse fnlondon.com /1 year ago
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