KPMG has been fined £5 million (€5.8 million) and will face regular scrutiny by the accountancy watchdog as part of sanctions handed down over its audit of the Co-operative Bank in 2009 in the UK. The UK’s Financial Reporting Council (FRC) said on …
See Original Article

The annual “Stamp Out Hunger” Letter Carriers’ Food Drive will be Saturday, May 11 in Klamath Falls, according to a news release. The Klamath-Lake Counties Food Bank celebrates 22 years of organized participation in this nationwide event. “Twenty …
See Original Article

BERLIN (Reuters) – German industrial output unexpectedly increased in March, helped by more construction and consumer goods production, but the economy ministry warned the outlook remained subdued as Europe’s biggest economy suffered from trade …
See Original Article

The influential proxy advised its members to vote against “discharging” Deutsche’s board, the vote of confidence under the German corporate code, at its AGM on May 23. A vote against discharge is the strongest way for the shareholders to express their …
See Original Article

The accounting misdeeds at the Japanese industrial group — which surfaced in 2015 and triggered a slew of investor lawsuits, including one against a
See Original Article