PwC fined £4.5m (reduced to £2.9m) by the FRC for audit failures at Wyelands Bank, owned by GFG Alliance. The fines stem from inadequate understanding of lending practices and related-party risks, despite PRA warnings. PwC acknowledges the issues and is committed to improving audit quality.

Brex, a $12.3 billion corporate card startup, streamlined operations by laying off 20% of employees and adopting a quarterly product release cycle. These efforts have stabilized cash burn and improved product quality.