The healthcare and life sciences deal markets were active in 2020 and promise to continue to be robust into 2021, even amid the COVID-19 pandemic, according to the KPMG 2021 Healthcare and Life Sciences Investment Outlook survey.Investors are making...
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January 28, 2021, 08:00 AM
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Despite global uncertainty resulting from a number of ongoing events including the COVID-19 pandemic, the U.S. presidential election, Brexit negotiations and trade tensions between the U.S. and China, global VC investment remained very robust in...
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January 22, 2021, 07:30 AM
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Companies spent the equivalent of around $15 billion extra a week on technology to enable safe and secure home working during COVID-19, reveals the 2020 Harvey Nash/KPMG CIO Survey. This was one of the biggest surges in technology investment in...
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September 23, 2020, 09:00 AM
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In the immediate wake of COVID-19, Global 2000 companies moved to slash funding for emerging technologies, such as automation, artificial intelligence (AI), blockchain and 5G, according to new KPMG International research. However, many executives are...
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August 17, 2020, 08:50 AM
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Venture capital (VC) investment in the U.S. continued strong during Q4 2019, totaling $34.2 billion across 2,215 deals, according to the latest edition of Venture Pulse – a quarterly report on global VC trends published by KPMG Enterprise. For the...
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January 16, 2020, 08:30 AM
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Global fintech funding got off to a slower start during the first half of 2019, with $37.9 billion of investment globally across 962 deals. The first half of 2019 is trending downward at the halfway mark, reflecting a pull-back in mega-deals compared...
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August 12, 2019, 09:00 AM
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The Securities and Exchange Commission (SEC) has charged KPMG LLP with altering past audit work after receiving stolen information about inspections of the firm that would be conducted by the Public Company Accounting Oversight Board (PCAOB). The...
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June 18, 2019, 09:00 AM
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Fintech investment in the U.S. hit a record $52.5 billion during 2018, driven by a strong M&A (mergers & acquisitions) market, and venture capital (VC) accounting for more than half of the 1061 fintech deals, according to KPMG’s 2018 Pulse of Fintech...
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February 15, 2019, 08:00 AM
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Driving down operating costs ranks as the top business challenge in a global executive survey from KPMG, but leaders overseeing the numbers view a bigger challenge – enabling digital transformation.
According to KPMG’s 3Q 2018 Global Insights Pulse...
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November 30, 2018, 08:03 AM
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Fifteen percent of consumers plan to spend more money this holiday season versus last year, with one-third of them doing so online. In fact, more consumers, almost one-third (31%), are expected to shop on Cyber Monday in 2018, according to a KPMG...
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November 19, 2018, 07:05 AM
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Aligning operational risk management (ORM) with strategy could enable strategic change, improve business performance and enhance customers’ experience for financial institutions. However, only half of firms surveyed with less than $250 billion in...
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November 12, 2018, 08:00 AM
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Almost half (48%) of consumers in the U.S. now do some or all of their grocery shopping online, while 59 percent are planning to do so in the future, according to KPMG’s 2018 Grocery Retail Consumer Perception Survey.
“As the online grocery business...
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November 02, 2018, 07:18 AM
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Fintech investment in the U.S. reached a new high of over $8 billion in Q2, following a strong first quarter, according to a new report from KPMG. Total investment during the first half of 2018 increased from $12.2 billion across 371 deals during the...
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August 03, 2018, 07:52 AM
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Ninety percent of U.S. bank chief executives (CEOs) are very confident about the growth prospects for their companies over the next three years, with mergers and acquisitions (M&A) and third-party strategic alliances helping fuel this growth...
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July 23, 2018, 07:21 AM
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The overwhelming majority of U.S. chief executive officers (83%) in the consumer and retail (C&R) industry say they are very confident about the growth prospects of their companies over the next three years – far more optimistic than their global...
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July 11, 2018, 08:00 AM
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U.S. chief executives are highly confident in the growth prospects for their companies over the next three years and will focus on M&A and collaborative efforts such as accelerator or incubator programs for startup firms to achieve sustained growth...
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May 24, 2018, 07:13 AM
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Reaching $5.8 billion in Q4’17, U.S. fintech investment increased for the third straight quarter, aided by a strong U.S. economy and a dramatic increase in private equity (PE) investment, according to the KPMG Pulse of Fintech report.Total deals...
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February 14, 2018, 08:00 AM
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The Securities and Exchange Commission announced charges against six certified public accountants – including former staffers at the Public Company Accounting Oversight Board (PCAOB) and former senior officials at KPMG LLP – arising from their...
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January 23, 2018, 08:00 AM
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With several sectors in the Healthcare & Life Sciences industry seen as overvalued, finance executives are concerned that a market bubble is developing. However, despite bubble concerns, they expect a great deal of investment and M&A activity in...
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December 20, 2017, 07:27 AM
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David J. Reavy, a 28-year veteran of the firm, who has served some of the world's largest banks, has been appointed National Sector Leader for KPMG's U.S. Banking & Capital Markets practice. Reavy is a longstanding member of the Banking & Capital...
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December 14, 2017, 07:12 AM
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Judd Caplain has been named Global Head of Banking & Capital Markets for KPMG International. Caplain has more than 20 years' experience in the financial services industry, leading teams in advising a number of the world's leading financial...
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December 05, 2017, 08:01 AM
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TMA Global announced the election of Kevin A. Krakora, CTP, Principal at KPMG LLP, as 2018 President. The announcement was made during The 2017 TMA Annual Conference in Fort Worth, Texas. Krakora's term will begin on January 1, 2018. "I am honored to...
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November 30, 2017, 07:16 AM
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Driven by robust Venture Capital (VC) funding, an increase in deal value, and strong performance by the Private Equity sector, investments in U.S. fintech companies nearly doubled during Q3 ’17 to $5 billion, up from $2.6 billion in Q2 ’17, according...
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November 08, 2017, 07:27 AM
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Amherst Partners announced that Thomas McCabe has joined the firm as a Managing Director in the Restructuring Advisory practice. He will be based in the Chicagoland area.
McCabe brings more than 25 years of CFO, COO, and transaction advisory...
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October 06, 2017, 07:04 AM
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An overwhelming majority (95%) of U.S. consumer goods and retail CEOs are confident about the growth outlook for the global economy, the industry and their companies over the next three years, despite potential technological risks, according to a...
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September 27, 2017, 07:59 AM
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Investment Bank Houlihan Lokey, Inc. announced that Jeffrey Baliban has joined the firm as a Managing Director in the Dispute Resolution Consulting practice within Financial Advisory Services (FAS). He is based in New York.Baliban joins from Citrin...
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June 20, 2017, 07:26 AM
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U.S. venture capital (VC) investment in fintech companies rose to $1.2 billion in Q1’17, driven by late-stage deals, which reached the highest activity since Q1’16, according to KPMG International’s Q1 2017 The Pulse of Fintech report. Non-VC fintech...
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April 28, 2017, 07:45 AM
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Total funding for U.S. fintech companies and deal activity dropped significantly in 2016, down to $12.8 billion from $27 billion in 2015, a result of political and regulatory uncertainty, a decline in megadeals and investor caution, according to...
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February 23, 2017, 07:16 AM
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KPMG was ranked as the leading mid-market provider of M&A services for both the number of announced and completed deals in 2016, according to Thomson Reuters’ Mid-Market M&A Review (deals up to USD $500M).“M&A remains crucial for companies seeking to...
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January 30, 2017, 08:00 AM
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Amid a tougher climate for marketplace lenders and a drop in mega-round activity, investment in VC-backed fintech companies fell 24 percent in the U.S and nearly 50 percent globally during Q2 ‘16, according to the Pulse of Fintech, the quarterly...
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August 22, 2016, 07:26 AM
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Leading global professional services firm Alvarez & Marsal (A&M) has expanded its restructuring practice with the addition of Michael Stewart who joins as a Managing Director in Toronto, Canada. Stewart brings nearly 20 years of experience in...
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July 15, 2016, 07:23 AM
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Twelve percent of banking CEOs surveyed say they do not have insight into whether their institution’s security has been compromised by a cyber attack in the past two years, according to KPMG, the audit, tax and advisory firm. KPMG’s 2016 Banking...
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June 07, 2016, 07:29 AM
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Investment into venture capital (VC)-backed companies in the United States has slowed in back-to-back quarters, according to Venture Pulse, the quarterly global report on VC trends published jointly by KPMG International and CB Insights.The U.S. saw...
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April 18, 2016, 07:35 AM
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Venture funding in the U.S. fintech sector jumped 72% in 2015, hitting a record $7.39 billion - up dramatically from $4.3 billion in 2014. The banner year was highlighted by newly minted Unicorns and increased involvement by financial services giants...
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March 14, 2016, 07:53 AM
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Houlihan Lokey announced that J. Andrew Koecher has joined the firm as a Managing Director and Head of the Transaction Advisory Services (TAS) practice. Koecher is based in Dallas and will be responsible for leading the continued build-out of the...
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November 20, 2015, 08:10 AM
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After reaching a record high of $56.4B spent in 2014, the U.S. is on track to smash that record and break $70B in Venture Capital (VC) spending by the end of 2015, according to Venture Pulse Q2 ’15, the first in a global quarterly VC report series...
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August 20, 2015, 07:47 AM
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FTI Consulting announced the appointment of Mark Hunt as Senior Managing Director in the firm's Forensic & Litigation Consulting segment. Hunt will be based in London.As a senior forensic partner with over thirty years' experience, Hunt specializes...
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March 06, 2015, 07:36 AM
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More than half of corporate finance executives rank future regulatory mandates as their highest compliance concern, according to a new survey by audit, tax and advisory firm KPMG LLP.Given developments in the economic, risk, and regulatory landscape...
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January 20, 2015, 07:28 AM
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Faced with losing market share to non-traditional competitors, senior bank executives say they are squarely focused on improving the customer experience and transforming their businesses at the strategic, operational and structural level, according...
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July 30, 2014, 07:14 AM
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KPMG LLP's wholly owned subsidiary, KPMG Corporate Finance LLC ("KPMG CF") has acquired substantially all of the assets of St. Charles Capital, a boutique investment bank that provides M&A and capital advisory services for mid-market companies...
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June 27, 2014, 07:25 AM
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Huron Consulting Group, a leading provider of business consulting services, announced the addition of James E. Nugent as a managing director within its Business Advisory practice to further strengthen the turnaround and restructuring team. Nugent...
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June 11, 2014, 07:42 AM
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According to a recent survey of more than 1,000 merger and acquisition (M&A) professionals, investors and advisors conducted by KPMG LLP, the audit, tax and advisory firm, 44 percent indicated that M&A activity will be highest this year among...
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April 15, 2014, 07:19 AM
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The Securities and Exchange Commission charged public accounting firm KPMG with violating rules that require auditors to remain independent from the public companies they’re auditing to ensure they maintain their objectivity and impartiality. The SEC...
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January 27, 2014, 07:32 AM
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According to a survey by KPMG LLP, the U.S. audit, tax and advisory firm, merger and acquisition (M&A) activity is expected to remain solid throughout 2014. Of the more than 1,000 M&A professionals, investors and advisors who participated in the...
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December 09, 2013, 08:01 AM
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Middle market business executives predict an improved U.S. economy next year, and the vast majority says their companies are adding employees and enjoying stronger revenue, according to the 2013 Mid-Market Outlook Survey conducted by KPMG LLP, the...
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September 27, 2013, 07:52 AM
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According to a survey conducted by KPMG, merger and acquisitions (M&A), private equity and tax professionals from the technology, financial services and healthcare sectors, among others, expect an increase in their companies' or clients' deal...
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March 07, 2013, 08:05 AM
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