PwC fined £2.9mn for audit failures at Sanjeev Gupta’s former bank
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK accounting regulator has fined PwC £2.9mn for failures in its audit of Wyelands Bank, the lender that was owned by steel magnate Sanjeev Gupta and collapsed in scandal. The Big Four firm admitted … Read more