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South Africa's Nedbank becomes latest firm to drop KPMG

The logo of KPMG, a professional service company is pictured during the Viva Tech start-up and technology summit in Paris, France, May 25, 2018. [REUTERS/Charles Platiau]

South African lender Nedbank said on Monday it would appoint Ernst & Young as joint external auditors in May 2019, replacing scandal-hit KPMG.

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