KPMG LLP

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KPMG LLP (UK)
Founded 1987
Headquarters London
Key People John B. Veihmeyer, US Chairman & CEO
Simon Collins UK Chairman and Senior Partner
Employees 10,000+
Products Professional services (audit, tax, advisory, etc.)
Twitter @@KPMG_UK_LLP
Facebook Page
Website www.kpmg.com/UK
Releases Company News

KPMG LLP offers audit, tax and advisory services. KPMG has locations across the U.S.[1] and has 22 offices in the UK.[2] KPMG's UK division, a part of KPMG Europe, is the administrator for bankrupt broker-dealer MF Global's UK unit. In January 2012, the administrator revealed that cash bonuses promised to MF Global employees prior to the firm's collapse would be considered "unsecured claims" and would be a lowest priority during the recovery of funds.[3]

History

KPMG LLP was formed in 1987 from the merger of Peat Marwick International (PMI) and Klynveld Main Goerdeler (KMG). The name KPMG resulted from the combination of the two companies' initials. The UK division of KPMG was created in April of that year.

Products and Services

  • Audit
  • Tax & Pensions
  • Advisory

KPMG LLP also operates the KPMG Foundation, an educational and social organization that pledges to help disadvantaged young people. The foundation was created in 2001.[4]


Constance Hunter John Lothian News Interview


When Constance Hunter looks at the Federal Reserve Bank and US economy, she sees some positive and negatives like all economists do. She also says the Fed didn’t fool markets when it didn’t change its quantitative easing in September. Actually, she argues that the Fed was doing just what they said they would do.

Hunter, who joined audit, tax and advisory firm KPMG as its chief economist, Alternative Investments in June, says that the markets misread Fed Chairman Ben Bernanke’s comments about tapering its quantitative easing program in September. In an interview with John Lothian News editor-in-chief Jim Kharouf, Hunter says the Fed has been quite direct with the bond market about its strategy, direction and potential moves over the past several months. That may strike some in the market as odd, because many in the bond market were surprised to see the Fed hold its line again in September on QE, and maintain the policy again. Here’s Hunter’s view on where the Fed is coming from on the issue of QE.


Key People


References

  1. Locations. KPMG U.S..
  2. Office Locator. KPMG LLP UK.
  3. MF Global U.K. Staff May Not Get Bonuses Pledged Before Failure. Bloomberg Businessweek.
  4. KPMG Foundation. KPMG LLP UK.