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Headlines
Hong Kong Regulators Fine PwC $166M over China Evergrande Audit
PwC, one of the world's biggest accounting firms, is paying HK$1.3 billion ($166 million) in fines and compensation in Hong Kong over its audit work for the failed Chinese property developer Evergrande, which was said to have…
Goldman Sachs Settles Shareholder Lawsuit over 1MDB Scandal
Goldman Sachs has agreed to settle a class-action lawsuit accusing the Wall Street bank of defrauding shareholders about its work for 1MDB, a Malaysian sovereign wealth fund that became embroiled in a corruption scandal,…
SBI Seeks review of SC Verdict that 'Spectrum' Does Not Count as an Asset in IBC Proceedings
The State Bank of India has moved a petition in the Supreme Court seeking a review of its February 13 judgment, which held that spectrum, a finite public resource, cannot be used as “assets” owned by telecom service providers (…