Exclusive: South Africa’s central bank tells lenders KPMG ‘too big to fail’

JOHANNESBURG (Reuters) – South Africa’s central bank has told top lenders they cannot fire auditor KPMG [KPMG.UL], entangled in a scandal involving friends of President Jacob Zuma, because it might undermine financial stability, two sources with knowledge of the matter said.

from Reuters: Business News http://ift.tt/2yxxoDN http://www.reuters.com

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