Accountancy giant KPMG is facing a potential investigation over the audit work that gave HBOS a clean bill of health in the run-up to its collapse. Photograph: Sean Dempsey/PA Wire

Accountancy giant KPMG is facing a potential investigation in the UK over the audit work that gave HBOS a clean bill of health in the run-(...)

Traders work at the post that trades Herbalife stock on the floor of the New York Stock Exchange. KPMG resigned as the auditor of Herbalife Ltd after one of its senior partners engaged in insider trading in Herbalife stock. Photograph: Brendan McDermid/Reuters

KPMG has had to resign as auditor to two US companies after accusing one of its former partners of passing confidential information about its c(...)