PwC would also know how widespread the practice was amongst some of the systemically important financial institutions, since they also audit Bank of America, JP Morgan Chase, and AIG, as well as the Federal Home Loan Banks and Freddie Mac.
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Ferguson was contracted by Kabul Bank to perform the audit, as required by Afghan banking law.
However, a court case in Paris in October last year revealed him to be Denis Lion, a manager who had been temporarily demoted from his position in the bank's internal audit department in May 1999.
Washington Mutual was also acquired by PwC audit client JPMorgan and Merrill Lynch was bought, under duress, by Bank of America, another PwC audit client.
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But PWC could not begin work on the second audit because key bank personnel were not available and certain information could not be located.
This allowed the investment bank to refuse the National Audit Office access to the financial models it had developed to inform the Treasury's decision on the future of the Rock.
Though he faces no public allegation of personal wrongdoing, Mr Yushchenko's first denials that any unorthodox methods had been used, followed by a claim that underlings had run the scheme without his knowledge and then by repeated delays in publishing a detailed audit of the bank's dealings in the period concerned, have all damaged his standing.
Last week the FDIC filed suit against Colonial Bank auditor PwC, and internal audit co-source vendor Crowe Horwath, for professional malpractice and breach of contract.
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The Bank shall permanently install personnel within its New York branch to oversee and audit any offshore money-laundering due diligence and monitoring undertaken by the Bank.
And neither the recent audit nor one of the Bank Bali scandal have implicated Mr Sjahril in any crimes.
Is a risk audit performed by a private bank likely to disclose and comprehensively discuss the risks related to the bank?
Spanish bank shares recovered from pressure that followed the central bank's confirmation that a banking audit would be delayed until September.
And the Shanghai branch of Huaxia Bank has been exposed by a government audit in a scheme to underreport its nonperforming loans, according to Chinese news reports.
Notably, EY does not provide signed reports for their 10-Q reviews for audit client UBS. PwC does not provide signed reports for their 10-Q reviews of audit clients JPM Chase or Bank of America.
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PwC also did well when audit clients JPMorgan Chase and Bank of America got even bigger by swallowing up the firms that failed during the crisis and when clients Goldman Sachs and AIG were favorites for financial crisis taxpayer support.
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Tarrin is accused of engineering the Finance Ministry's takeover of Krung Thai Bank from the Financial Institutions Development Fund in the wake of last year's leak of a PricewaterhouseCoopers audit report that exposed allegedly poor lending practices at the bank.
Did consulting hero PwC give the same strong advice it gave Bear Stearns in 2006 about best practices for repurchase claims and reserves to its real audit clients JP Morgan Chase, Bank of America, and PNC Bank?
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Also on Saturday, HDFC Bank said in an emailed statement it has appointed accounting and audit firm Deloitte Touche Tohmatsu India Pvt.
Deloitte provided reports of their 10-Q reviews for audit client Merrill Lynch prior to its absorption by Bank of America and for client Bear Stearns prior to its absorption into JPM Chase.
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The government says the bank's audited annual accounts will be published after an independent audit, by the end of March.
The Bank now involves non-governmental organisations in many of its decisions and conducts an environmental audit of most of its policies.
The audit firms are too needed by TARP, the Treasury, the Federal Reserve Bank, and similar programs and agencies in the UK and Ireland.
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