PwC, a cornerstone of the Big Four accounting firms, is currently undergoing a significant transformation by withdrawing from a number of smaller and riskier countries. This pivotal move reflects the company’s intent to enhance internal controls and mitigate regulatory risks, especially in the wake of recent scandals that have impacted its global business reputation.
In the face of global economic instability, the need for financial rehabilitation within the banking system remains critical. The central bank of Bangladesh is taking steps to address significant financial losses. Based on information from the Financial Times, we can examine the measures being implemented to stabilize the country's economy.