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[ad_1] A combined $2.27 billion profit hit has finally given investors a firm idea of the cost to the big four banks of their past misdeeds and the broader shift to a low-interest rate environment.Thursday's news of a 10.6 per cent drop in full-year profit...

[ad_1] FILE PHOTO: A piece of equipment stands in the ProPetro yard before being sent to a fracking site where it will be used to coax oil from underground, in Midland, Texas, U.S., on April 12, 2018. REUTERS/Ann Saphir(Reuters) - ProPetro Holding Corp (PUMP.N) this...

[ad_1] Let’s face it, 2019 hasn’t been the best year for the Queen’s Grant Thornton, and neither was 2018. Let’s recap:2018Sacha Romanovitch2019David DunckleyNow we have another bullet point to add under 2019:Laid off a dozen partners in October.The Financial Times had the scoop:The accounting firm...

[ad_1] Grant Thornton has parted ways with a dozen UK partners in a restructuring designed to reverse a five-year financial decline.The accounting firm informed its top echelon that about 12 partners — 6 per cent of the total — were leaving as it attempts to...