Wednesday, October 5, 2022
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Philip Morris officially moving to Stamford

The company has signed a 12-year lease for 71,484 square feet, encompassing the entire 11th and 12th floors of the building at 677 Washington Boulevard.

SEC sanctions KPMG accountants over botched College of New Rochelle audit

They issued the 2015 audit report despite many unanswered questions and lack of documentation, according to the SEC, and overstated the college’s net assets by $33.8 million.

U.S. already in recession, national economic panel says

The median forecast of the National Association for Business Economics survey calls for annualized real GDP growth of -2.4% in Q1 and -26.5% in Q2 2020. After modest growth of 2% in Q3, the median forecast calls for growth to strengthen to 5.8% in Q4 and 6% in Q1 2021.

Fairfield County commercial real estate strong – but vacancy rates remain...

While the county's commercial space vacancy stands at 26.7% -- and is expected to drop to 23.5% next year -- that still compares unfavorably with the nationwide rate of 12.2%.

Thomson Reuters moves Stamford office to 677 Washington Blvd.

Thomson Reuters will be joining WWE, KPMG and Perkins Eastman at the 12-acre, 700,000-square foot property.

Stamford continues reign as Fairfield County’s crown jewel

The city that claims to have been “Innovating since 1641” is one of the state’s – never mind Fairfield County’s – brightest stars at the moment in terms of business development, housing, population growth, and potential.

KPMG relocating in Stamford, adding 110 jobs

The Connecticut Department of Economic and Community Development is supporting the business expansion in Stamford with a $3 million grant in arrears for leasehold improvements, equipment and other project-related costs.

Manish Madhavani named Stamford office managing partner at KPMG

Madhavani started his career with KPMG India in Mumbai in 1995.

Column: This year’s key business tax issues

Ongoing tax reform developments in a presidential election year, greater compliance demands and a continued focus on tax transparency will each contribute to making the tax environment in 2016 a very challenging one for CFOs, board members and tax directors.

Self-driving cars could crash personal auto insurance sector

A KPMG executive used the term “significant turmoil” to describe the future, with “business models flipped upside down.”

KPMG to acquire HR practice from Towers Watson

The deal marks KPMG’s sixth venture into HR via acquisition in the last four years.

Bedford woman leads pay discrimination suit against KPMG

Donna Kassman worked for accounting firm KPMG LLP for 17 years before quitting due to what she said was wage discrimination based on her gender.

KPMG survey sees rise in M&A activity in insurance industry

The firm found 54 percent of surveyed U.S.-based senior insurance executives expect to be involved in a merger or acquisition as a buyer over the next year.

Investors eye Northeast for development

The Northeast ranked second behind the Southwest in a recent survey by KPMG L.L.P. that asked real estate executives to identify the best regions for development and investment opportunities.

High-tech replaces tellers as banks see shifting demand

The banking industry is at a crossroads as interactive ATMs, mobile deposits and other technologies threaten to supplant tellers and branches.