TITLE

PwC keeps investors in the dark on Keydata income payments

AUTHOR(S)
Stodell, Hannah
PUB. DATE
June 2009
SOURCE
Money Marketing;6/25/2009, p3
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the PricewaterhouseCoopers (PwC) being complained for failing to communicate properly about the income payments on Keydata Investment Services (KIS) products. The online statement by PwC clarifying the suspend processing of plans due to the ongoing examination of KIS operations and consideration of selling the business has caused vocal resentments from some investors. PwC defended saying that the sale is important due to the benefits it can contribute to the business.
ACCESSION #
43380881

 

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