FT creates professional services reporting team in New York

The Economical Situations is increasing its protection of company The united states by building a new qualified services workforce based in New York.

The new staff will be led by Stephen Foley, who has been appointed U.S. accounting editor, and Joe Miller, who results in being U.S. legal correspondent.

Each roles will be based in New York.

Foley will report on the Large Four accounting firms, several of which are likely by way of wrenching restructurings and confront new scrutiny about their means to serve as the watchdogs of economical propriety. Foley will also function with corporate reporters throughout the network to aid uncover the sorts of accounting improprieties the FT has turn out to be identified for, like at German payment processor Wirecard.

Foley is returning to the FT in New York from Tokyo, wherever he was organization editor of Nikkei Asia, which is posted by the FT’s father or mother organization Nikkei. Foley 1st joined the FT in 2012 as a marketplaces correspondent primarily based in New York and was earlier deputy U.S. information editor at the FT from 2017 to 2021.

Miller will cover the US’s largest legislation firms, especially all those that dominate on Wall Road. He will also report on the New York places of work of the huge federal and condition regulation enforcement companies, including federal prosecutors in Manhattan, the enforcement division of the Securities and Exchange Fee, and the New York legal professional general. He will address stories ranging from crypto regulation to

insider investing and securities fraud.

Miller was earlier the FT’s Frankfurt correspondent and included the titans of German market, such as Volkswagen and Mercedes. He joined the FT in 2019.

“The main of the FT’s enlargement technique in the US has always focused on Wall Street, and the creation of a specialist companies crew in New York will increase our protection of the world’s biggest money heart immeasurably,” claimed U.S. handling editor Peter Spiegel in a assertion. “I’m thrilled to have Stephen again at a frontline reporting function in this article in reduce Manhattan, and just cannot wait to see Joe carry his talent for breaking significant tales to these shores.”