PwC delays payouts for departing partners in Hong Kong and China
6 Articles
6 Articles
PwC delays partner payouts in Hong Kong and China
PwC has postponed disbursing payments to former partners who recently retired in Hong Kong and mainland China, reported Financial Times. The delay comes as the accounting major manages the financial repercussions from its audits of the collapsed Chinese property developer Evergrande. According to four sources privy to the development, multiple equity partners who retired in recent months have yet to receive any of their contributed capital. …
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