Macquarie, an Australia-based global asset manager and investment bank, will consider PwC's culture and reputation issues as it reviews its audit relationship with the firm that began in 1993. This announcement follows a tax scandal that involved a PwC Australia partner sharing confidential government information to help clients evade tax laws.
Macquarie's Chairman, Glenn Stevens, assured shareholders that the review would be "a comprehensive review that will take into account the culture and [any] reputational matters."
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