As we all know, timing is everything when it comes to news management, but sometimes the best laid plans don't quite work out, as PwC has just found out. Just as the firm's UK audit boss, James Chalmers, was telling the world about the number of tenders he expected among FTSE 350 companies in the coming months (up to 56 if you were wondering), his colleagues across the pond in the US were also making the headlines. They were at the receiving end of a $25m (£15m) fine for hiding a report on Bank of Tokyo-Mitsubishi UFJ's sanction-busting dealings with a number of blacklisted regimes. Oh, and they were barred from tendering for certain financial services consultancy work for a couple of years. What the UK giveth, the US taketh away.
展开▼
