‘Mr Dunckley said: “We are not doing what the market thinks. We are not looking for fraud and we are not looking at the future and we are not giving a statement that the accounts are correct. We are saying they are reasonable, we are looking at the past, and we are not set up …
The risk underpinning regulation, environment and cyber is reputation damage. The ramifications are huge if this is ill-managed. “It’s a big issue, especially companies with clients and customers worldwide, because when a risk arises it’s difficult afterwards to mitigate it…. Francois Malan, chief risk officer at Nexity, explains: “You need to work with other specialists, …
Industry insiders have welcomed the level of transparency provided by the firms on these issues at a time when abuse of power and sexual harassment in the workplace are under intense scrutiny. PwC, which has 915 UK partners, said it had dismissed five over the past three years. KPMG said that seven of its 635 …
And while Facebook CEO Mark Zuckerberg seems to have dodged the bullets fired his way during a Congressional hearing last month (did you #deletefacebook ?), Cambridge Analytica’s leadership knew that, based on its actions and the cavalcade of accusations, neither their clients nor the public would ever “like” them again.” Last year, Steel City Re …
In the wake of the lawsuit and Mr. Schneiderman’s public statements, the Weinstein Company fired its president, David Glasser, for cause. The lawsuit did not name Mr. Glasser, but it referred to him by his title and said that the sale of the company could result in employees’ reporting to some of the same managers …