Key insight: KPMG repeatedly certified the three banks as financially sound, even shortly before the banks failed.Supporting data: The firm earned nearly $20M in combined fees in 2022 from the three banks.Forward look: Lawmakers are recommending auditing industry reforms, including mandatory auditor competition, expanded Public Company Accounting Oversight Board disclosure and new whistleblower programs.Accounting firm KPMG, which audited each of the three midsize regional banks that failed in 2023, signed ...