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EY |
Global news | Page 4
An overview of EY global news:
Consulting industry
Bankruptcies
1
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97
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3
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33
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26
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56
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4
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31
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1
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11
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105
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5
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20
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6
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21
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17
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4
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6
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34
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1
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32
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17
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44
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12
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36
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5
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41
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21
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2
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8
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14
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7
Mergers & Acquisitions
73
Mobile & Apps
6
Outsourcing & Shared Services
6
Payments
6
Process Management
2
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2
Project Management
2
Property Management
1
Public Services
1
Recruitment
17
Restructuring
22
Risk & Compliance
20
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4
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4
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3
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8
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8
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38
Industry
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38
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2
Arts & Culture
3
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13
Aviation
3
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35
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2
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4
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1
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8
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32
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5
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52
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9
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5
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1
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48
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15
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6
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13
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14
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12
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12
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6
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5
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1
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7
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9
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4
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13
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1
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6
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17
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33
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13
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10
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8
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7
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3
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25
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54
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Global news
1301
Middle East
CEOs worldwide look to bet big on generative AI in 2024
Around the world, CEOs have shown an eagerness to wager big bets on generative AI (GenAI) this year.
25 January 2024
Australia
Natalie Truong (EY) appointed to national board of Pride Cup
Now entering its second decade of pushing for greater sports diversity & inclusion, LGBTIQ+ organisation Pride Cup has welcomed EY’s Natalie Truong to its board of directors.
12 January 2024
United Kingdom
Green energy will dominate electricity generation by 2038
The global energy transition from fossil fuel energy sources to renewable alternatives is gaining momentum, according to a new report from EY.
09 January 2024
Australia
Five social entrepreneurs win EY’s Australian impact awards
Addressing issues such as waste and disadvantage, five of Australia’s innovative social entrepreneurs have been recognised with Social Impact awards from professional services firm Ernst & Young.
04 January 2024
United Kingdom
EY names two new partners in tax team
Elliott Morley and Gabriel Iliuta have joined the private credit tax team of EY. The duo arrive as EY looks to meet increased demand for specialist tax advice.
02 January 2024
Australia
Most Australians don’t know or care about Big Four consultants
A new survey has found that half of Australian voters believe the government should reduce its consulting spend on the Big Four. More intriguingly, more than a third don’t know who they are.
21 December 2023
Pakistan
EY led consortium advising Pakistan's flag carrier on privatization
Pakistan’s national flag carrier, Pakistan International Airline (PIA), is flying into some serious turbulence.
20 December 2023
United Kingdom
Kevin Humpherson joins EY as partner in pensions wing
EY has expanded its UK pensions investment consulting team with a new partner appointment. Kevin Humpherson arrives at EY from a Big Four rival.
19 December 2023
United Kingdom
EY appoints Laura Mair new managing partner for tax and law
Laura Mair has been promoted by EY to become its UK and Ireland managing partner for tax and law.
05 December 2023
Australia
Big Four chiefs: Janet Truncale (EY) and Mohamed Kande (PwC)
Big Four accounting and consulting firms Ernst & Young and PwC await new, culturally diverse global leaders, but both incoming chiefs face other internal culture challenges, especially in Australia.
22 November 2023
Asia
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
EY claims bragging rights at 2023 Australian Corporate Games
The Australian Corporate Games returned to Melbourne this year, with the 200-strong team from EY scoring five gold medals and sixteen overall to claim 2023 bragging rights over its consulting rivals
20 November 2023
Australia
Permenthri Pillay and Mat Franklin win Women in ICT awards
Women in ICT network WIC has hosted its annual awards night, with EY partner Permenthri Pillay and MF & Associates managing director Mat Franklin among this year’s recipients.
20 November 2023
United States
EY elects Janet Truncale as global chair and CEO
EY’s global committee on Wednesday announced they elected Janet Truncale to global chair and chief executive officer, effective July 1, 2024.
20 November 2023
United Kingdom
Janet Truncale selected as next EY global chair and CEO
EY has announced the election of Janet Truncale as its next global chair and CEO. Taking office from July 2024, Truncale will succeed current incumbent Carmine Di Sibio.
20 November 2023
Middle East
Three quarters of top 20 banks in MENA have ESG strategies
Banks in the Middle East and North Africa (MENA) are increasingly embracing ESG as a key mantra of doing business – but at the same time, they are struggling to put words into action.
13 November 2023
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
United Kingdom
Premium income growth for UK insurers rises with real wages
Premium income for UK insurers has seen strong growth in 2023, as policy prices rise and real wage increases also enable consumers to spend more on insurance.
09 November 2023
United Kingdom
EY names Martina Neary as new UK insurance leader
EY has appointed Martina Neary as its UK insurance leader. She joins the UK financial services leadership team to lead across general insurance, life and pensions and specialty insurance.
09 November 2023
United Kingdom
Generative AI to boost productivity in financial services
Hype around generative AI and machine learning is continuing to buoy economic sentiment across Europe, with fewer than two-in-five financial services CEOs now expecting a severe downturn in the comin
07 November 2023
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
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
United Kingdom
UK-listed profit warnings fall year-on-year for first time since 2021
Profit warnings issued by UK-listed companies has fallen year on year, for the first time since 2021.
03 November 2023
Spain
Big Four firms in hot Spanish water after illegal overtime hours
Some employees working for Big Four consultancies in Spain have complained of working extended hours, prompting scrutiny and regulatory action.
27 October 2023
Saudi Arabia
Leading consultancies driving knowledge at FII7 conference in Riyadh
The Future Investment Initiative Institute (FII7) conference has kicked off today, bringing together over 6,000 delegates including political leaders, ministers, CEOs, business leaders, investors, an
24 October 2023
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
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
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
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
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
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
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
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