Patrick McCoy takes top investment role at newly-formed Xafinity Punter Southall

A former KPMG director who left the City after being caught up in a probe into tax offences has returned in an investment role after all charges against him were dismissed.

Patrick McCoy led KPMG's investment advice and fiduciary management oversight teams for almost a decade 

 after Her Majesty's Revenue and Customs named him as one of 10 people charged with conspiring to cheat it out of tax revenues.

Former KPMG partner returns to City after tax charges dropped

Elizabeth Pfeuti

Towers Watson

Meet the leaders shaping the booming private equity secondaries sector

BlackRock to cut jobs following year of M&A deals

Wanted: Rising Stars of European Finance 2025

Trading Places: BNP’s new COO, Clifford Chance poaches from KKR

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Find out who is on the move in the City and beyond this week

Clifford Chance hires KKR director in London private equity drive

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Magic Circle firm boosts London private equity offering

Proskauer Rose hires Hogan Lovells private equity partner in London

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The hedge-fund founder is asking triple what he paid for the Bali-inspired Manalapan estate in 2017.

British Billionaire Chris Rokos Wants $150 Million for His Florida Mansion

The announcement comes as USS Investment Management said it won’t bid for the property firm.

KKR Floats $1.97 Billion Non-Binding Offer for London-Listed Assura

KKR Floats $1.97 Billion Non-Binding Offer for London-Listed Property Firm Assura

The U.S. private-equity firm said t decided not to begin a tender offer for the Japanese software company after consulting with Fuji Soft founder Hiroshi Nozawa.

Successful firms are increasingly split between behemoths with several business lines and those focusing on their roots of buying companies.

The New Survival Guide for Private Equity: Go Big or Get Back to Basics

The Chinese technology giant has begun tests to integrate homegrown startup DeepSeek’s AI model into its Weixin messaging app.

Tencent Shares Rise as App Launches DeepSeek Testing

Tencent Shares Hit More Than Three-Year High as App Launches DeepSeek Testing

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Financial News

British Billionaire Chris Rokos Wants $150 Million for His Florida Mansion

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