Stephen Foley and Cheng LengJun 11, 2026 – 4.37pmNew York, Beijing | PwC partners in Hong Kong are set to miss out on payouts collectively worth hundreds of thousands of dollars after a record fine for failures in its audit of collapsed property developer Evergrande.Proceeds from the 2022 sale of a business unit, which were due to be distributed to people who were members of the partnership at the time, will instead be kept for the “operations and investments” of the firm, PwC told retired partners in an email.Financial TimesSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
PwC cuts partner payouts in China Evergrande fallout
Proceeds from a 2022 disposal will no longer be distributed as the firm deals with fines and a looming lawsuit.
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