PwC loses big client Bank of China amid regulatory probe

PwC loses big client Bank of China amid regulatory probe

FILE PHOTO: The logo of PwC is seen on the top of a Brussels' office of the company, in Diegem, Belgium September 21, 2023. REUTERS/Yves Herman/File Photo

Auditor PwC has lost its largest mainland China-listed client, Bank of China, to rival EY, adding to an exodus of clientele amid a regulatory investigation into its work on troubled property developer China Evergrande Group.