Accounting firm KPMG issued clean audits for three US banks that recently collapsed: Silicon Valley Bank, Signature Bank, and First Republic Bank. 3 KPMG Gave SVB, Signature Bank Clean Bill of Health Weeks Before Collapse, Wall Street Journal (Mar. 4 KPMG Gave SVB, Signature Bank Clean Bill of Health Weeks Before Collapse, Wall Street Journal (Mar. KPMG, KPMG Fast Facts (accessed Apr. 20, 2023) (https://www.bloomberg.com/opinion/articles/2023-03-20/why-was-kpmg-still-auditing-silicon-valley-bank); KPMG Defends Clean Audits of SVB and Signature Bank, consulting.us (Mar.

Source: Wall Street Journal May 14, 2023 11:14 UTC