Softbank to acquire KPMG Mayfair member's club

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Japanese conglomerate holding company SoftBank Group is in advance negotiations to take over the lease of KPMG’s private club in Mayfair area. The accounting firm put its property on the market after the Financial Reporting Council raised concerns that the private club memberships were given as benefits to audit clients.

The Financial Times, Tabby Kinder, November 19th 2019