PricewaterhouseCoopers, the global consulting firm specialising in assurance, tax and advisory, has expanded its Asian financial advisory team by 55 over the past month in a bid to address the growing regional demand for professional services.

In 1 July, 29 new partners joined the Mainland China office, 14 joined in Hong Kong, six in Singapore and six in Taiwan. In terms of areas of practice, 25 were added to the assurance arm, 13 to tax and 17 to advisory. The hires effectively bring PwC's total partner headcount in the four offices to 690; PricewaterhouseCoopers employs some 16,000 staff in Asia overall. 

The new appointments enhance the firm's ability to provide a wider range of services and meet the growing demand for professional assistance, the firm said in a statement. PwC is especially interested in growing its China presence, where it currently has 37 branches.