Audit committees say uncertainty, volatility and the high-risk environment are at the top of their risks list for 2015, according to KPMG, while a further study showed that most would benefit from greater “diverisity of thinking”. . .
http://auditandrisk.org.uk/news/audit-committees-under-pressure-from-increasing-risks
UBS has confirmed it is being investigated by US authorities into whether it helped Americans evade taxes through investments banned in the US. . .
BNP Paribas has slashed the bonuses for its top executives to reflect the impact of last year’s $8.9bn fine for US sanction violations that almost wiped out its annual profit . . .
http://hereisthecity.com/en-gb/2015/02/07/top-firm-chiefs-lose-bonuses/
TheCityUK’s new London Employment Survey, released Monday, shows that the financial and related professional services industry has continued its strong recovery. . .
German and British regulators are examining Deutsche Bank’s systems and controls as questions have again arisen about the German lender’s reporting procedures. . .