EY | Global news

An overview of EY global news:

Asia

Asia | Regional

CFOs in Southeast Asia working towards transformation agenda Facing a myriad of challenges and opportunities, CFOs in Southeast Asia are working towards a major transformation agenda, with digital at the core, according to a new survey from EY.
21 November 2023
Australia

Oceania | Australia

Consulting giants EY and PwC axe 570 staff in Australia In a clear sign of the struggling market, professional services firm Ernst & Young is slashing 230 jobs from its Australian headcount, just one day after PwC cut 344 of its own.
10 November 2023
Australia

Oceania | Australia

Ex-partner accused of tax misconduct acted in isolation, says EY An axed partner accused of misconduct in relation to a tax avoidance scheme has been labelled a rogue operator by EY chief executive David Larocca, with the firm saying that he acted in isolation.
06 November 2023
Canada

North America | Canada

Canadian companies averaged 25 cybersecurity incidents in past year Eighty-one percent of Canadian organizations had at least 25 cybersecurity incidents in the last 12 months, according to EY’s 2023 Cybersecurity Leadership Insights study.
03 November 2023
Canada

North America | Canada

Employers underestimate employees' desire to quit, EY says Employers are underestimating their employees’ desire to quit, according to the EY 2023 Work Reimagined Survey.
18 October 2023
Middle East

Middle East | Regional

EY celebrates 100 years in MENA with record results EY has hit two major milestones in the Middle East and Africa region – celebrating 100 years in business and realising its best performance ever.
03 October 2023
United Kingdom

Europe | United Kingdom

Despite split distractions, EY records best financial year ever Professional services firm EY has weathered its recent internal storm to post record global revenues of almost $50 billion.
03 October 2023
United Kingdom

Europe | United Kingdom

Santander ditches EY as financial crime consultant Spanish financial giant Santander has received a refund from EY, after a project involving the firm’s financial crime team allegedly went wrong.
03 October 2023
Middle East

Middle East | Regional

EY launches own artificial intelligence platform: EY.ai After 18 months in the making, global consulting firm EY has unveiled its own artificial intelligence (AI) platform on the back of a $1.4 billion investment in the project.
29 September 2023
United Kingdom

Europe | United Kingdom

Five ways to boost board resilience Six-in-ten board members believe emerging risks aren’t being sufficiently addressed by the firm’s board. To boost resilience in the board room, EY has explained five key points of improvement.
27 September 2023
Australia

Oceania | Australia

EY professionals prepare for charity walk in support of cancer research Hundreds of EY professionals are set to participate in a 21 kilometer harbour walk in Sydney next month to raise funds for cancer research, prevention and support.
25 September 2023
United Kingdom

Europe | United Kingdom

Consulting industry Big Four sees Great Resignation drag to close A slowdown in attrition at the UK’s top consulting firms is leaving fewer opportunities for new talent to advance.
21 September 2023
United Kingdom

Europe | United Kingdom

How chartered status helps consultants celebrate and improve their work As the Chartered Management Consultant award continues to go from strength to strength – with half of the Management Consultancies Association’s member firms having now joined the drive to chartered
19 September 2023
United States

North America | United States

EY reports nearly $50 billion in revenue in FY23 EY Global grew revenues 14.2% in local currency (9.3% in US dollars) to reach $49.4 billion in revenue for the financial year ending June 2023.
18 September 2023
Middle East

Middle East | Regional

M&A deal value in MENA edges up to $44 billion in H1 2023 The Middle East’s M&A scene looks back at a mixed first half of the year.
18 September 2023
United Kingdom

Europe | United Kingdom

EY expands managed services with three partner appointments EY has expanded its managed services practice in the UK with the arrival of three new partners.
13 September 2023
Australia

Oceania | Australia

EY’s Future Friendly wins esteemed team design award A month on from its purchase by EY, product and design consultancy Future Friendly has picked up a Good Design Award.
11 September 2023
United Kingdom

Europe | United Kingdom

Haleon brings in McKinsey and EY for cost-cutting exercise A year after splitting from GlaxoSmithKline, pharmaceutical firm Haleon has brought in consultants to help cut costs.
08 September 2023
Canada

North America | Canada

EY: More than half of Canadians considering electric vehicle purchase More than half (52%) of Canadians are considering purchasing a fully electric, plug-in hybrid, or hybrid vehicle in the next few years, according to EY’s latest mobility consumer index.
29 August 2023
Australia

Oceania | Australia

Strong second half drives record EY revenues for 2023 The Australian branch of professional services firm EY has brought in close to $3 billion in total revenues over its past financial year, driven by a surprisingly strong second half compared to its p
27 August 2023
Singapore

Asia | Singapore

EY launches center for sustainable supply chains in Singapore Global consulting firm EY has launched a Center for Sustainable Supply Chains in Singapore.
21 August 2023
United States

North America | United States

EY rejects TPG's proposal to buy stake in consulting arm EY on Wednesday told its partners it had rejected a proposal from US private equity firm TPG Capital to break up the firm and buy a stake in its consulting business.
18 August 2023
United Kingdom

Europe | United Kingdom

Financial services CEOs embrace AI in spite of concerns Almost half of financial services firms around the world have already integrated an AI-driven product or service change into their capital allocation process.
16 August 2023
Middle East

Middle East | Regional

IPO scene in MENA remain robust and shows promising prospects IPO activity in the Middle East and North Africa region has shown robust growth and resilience in the face of global economic fluctuations.
16 August 2023
Australia

Oceania | Australia

EY buys local digital product and design consultancy Future Friendly Australian digital product and design consultancy Future Friendly has been snapped up by professional services firm Ernst & Young, adding a team of 40 professionals in Sydney and Canberra.
07 August 2023
United States

North America | United States

EY US names Tim Tracy as EY Americas private equity leader EY US has appointed Tim Tracy as EY Americas private equity leader. He is based in metro New York.
03 August 2023
United Kingdom

Europe | United Kingdom

Silvia Rindone managing partner in strategy and transactions at EY EY has announced Silvia Rindone as its new UK and Ireland managing partner for strategy and transactions.
13 July 2023
United Kingdom

Europe | United Kingdom

EY selects Phil Vermeulen as EMEIA Insurance Leader Big Four firm EY has announced the promotion of Phil Vermeulen to head up its EMEIA insurance practice. He joined the firm close to two decades ago, and has been a partner for half of that time.
10 July 2023
Middle East

Middle East | Regional

EY selects Michael Hasbani as Markets Leader for MENA region EY has a new boss in the Middle East: Michael Hasbani. The 20+ year company veteran leads a team of over 8,000 staff across 20+ offices in 16 countries.
06 July 2023
United Kingdom

Europe | United Kingdom

Carmine Di Sibio picks Dutch-Oz electro as EY break-up hype-track You’re the CEO in the middle of trying to dismantle a lucrative $40 billion business, what song do you select on the figurative jukebox to get the juices flowing? Some epic Dutch-Australian electro o
30 June 2023
Canada

North America | Canada

Consumers focusing on affordability as inflation continues to bite Canadian consumers are focusing on affordability as inflation, high interest rates, and economic uncertainty loom large, EY’s Future Consumer Index found.
26 June 2023
Belgium

Europe | Belgium

Yannick Grécourt leads EY's financial services division in Belgium EY has appointed Yannick Grécourt as the new Managing Partner of its Financial Services division in Belgium.
19 June 2023

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