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KPMG Australia Considers $100M Emergency Global Loan Amid Client Losses and Fallout From Whistleblower Scandal
John Sams is seeking repayable funding to keep clients and retain talent as the Australian arm faces fallout from a whistleblower scandal.
Summary by IBTimes Australia
6 Articles
6 Articles
+3 Reposted by 3 other sources
KPMG Australia going cap in hand for $100m in loans
The consultancy is seeking to stop other big clients deserting the firm and keep partner pay at a higher level.
KPMG Australia Considers $100M Emergency Global Loan Amid Client Losses and Fallout From Whistleblower Scandal
KPMG Australia is considering a $100 million credit facility from KPMG International as client losses, regulatory scrutiny and restructuring pressures intensify after a whistleblower scandal.
Coverage Details
Total News Sources6
Leaning Left3Leaning Right1Center1Last Updated60% Left
Bias Distribution
- 60% of the sources lean Left
60% Left
L 60%
C 20%
R 20%
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