EU rules force US banks to overhaul ties with auditors

EU rules force US banks to overhaul ties with auditors

US banks and insurers will be forced to review auditor relationships that often stretch back decades after being caught by new European rules aimed at ending the cosy ties between companies and the “big four” accounting firms.   Goldman Sachs, Citigroup, Wells Fargo and Morgan Stanley are among the groups that will need to change…

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