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EY | Global news

An overview of EY global news:

Canada

Bridging Finance receiver PwC sues former auditor EY for $1.4 billion PwC, the court-appointed receiver of Bridging Finance, is suing fellow Big Four firm EY for $1.4 billion for claimed lapses in its accounting work for the failed Toronto-based private lender.
14 July 2025
United Kingdom

EY appoints Kate Jarman as Managing Partner of Leeds office Big Four firm EY has appointed Kate Jarman as the new Managing Partner of its Leeds office.
09 July 2025
United Kingdom

The consulting firms leading the shift to more sustainable business travel As public pressure grows for businesses to reduce their carbon footprints, consulting firms has sought to lead by example for their clients, and reassure investors about their ESG credentials.
27 June 2025
United Kingdom

Big Four weighing up new AI audit offerings Amid an increasingly bloated market for AI-driven tools, verifying those which might actually work for a company is like looking for a needle in a haystack.
10 June 2025
United Kingdom

EY brings CMO offerings and 30+ acquisitions together under EY Studio+ Global consulting firm EY has brought its design, branding, commercial and technology expertise together under a one roof.
04 June 2025
Australia

EY launches dedicated practice in support of Indigenous procurement Big Four professional services firm Ernst & Young has launched a dedicated practice aimed at supporting Indigenous business engagement and cultural awareness for its clients across Australia.
03 June 2025
Saudi Arabia

EY, ELM, IBM and PwC list in LinkedIn’s top employers list for Saudi Arabia Global career platform LinkedIn has released its 2025 list of Saudi Arabia’s top employers, with four professional services firms ranking in the top 15.
03 June 2025
Luxembourg

Why US asset managers should turn to Luxembourg In recent years, Luxembourg has emerged as a pivotal hub for the asset management industry, particularly for US-based asset managers seeking to expand their reach into European and global markets.
07 May 2025
Australia

EY rolls out fresh suite of generative AI tools across Australia Big Four professional services firm Ernst & Young has introduced more than two dozen new AI-tools across its Australian audit and assurance division as part of a $1 billion global roll-out.
18 April 2025
United Kingdom

FRC stings EY for more than £5 million in fines Two separate cases have seen EY’s UK wing rack up fines in excess of £5 million.
17 April 2025
Canada

EY Canada converts strategy and transactions practice to EY-Parthenon brand EY Canada has converted its strategy and transactions practice to the EY-Parthenon brand.
04 April 2025
United States

EY names Christy Baumann as San Antonio managing partner EY has promoted Christy Baumann to office managing partner for San Antonio, Texas.
02 April 2025
United Kingdom

Consulting firms of all sizes celebrated in Financial Times ranking The Financial Times has released the 2025 edition of its UK’s Leading Management Consultants ranking.
01 April 2025
United Kingdom

EY collaborates with Nvidia to boost services with AI agents EY has become the latest consulting firm to announce a new collaboration with Nvidia.
31 March 2025
United Kingdom

AuditBoard and EY announce partnership for UK customers Cloud-based platform AuditBoard has announced a new alliance with EY in the UK.
25 March 2025
Middle East

EY: Integrated risk management a key area of focus for governments Government leaders face a complex web of interconnected threats in 2025, demanding decisive leadership.
24 March 2025
Asia

Benjamin Chiang and Setio Prabowo (EY) on key risks facing Asian governments EY has released the 2025 edition of its annual research on the top risks for governments worldwide, identifying 10 developments that are likely to have a major impact on government policy and trustwo
17 March 2025
United Kingdom

EY appoints Julie Linn Teigland as global alliances and ecosystem chief Julie Linn Teigland has been named a global vice chair for Big Four firm EY. She will head up its alliances and ecosystems practice.
05 March 2025
Australia

Big Four firm EY is both axing and promoting new jobs in Australia After a series of recent cuts, the Aussie branch of Ernst & Young is reportedly preparing to axe a further 100 or so staff, although those made redundant may have the chance to uproot to Ballarat.
03 March 2025
Indonesia

EY acquires Indonesian Microsoft technology consultancy Kreatif Global professional services firm EY has acquired Kreatif, a Microsoft services provider in Indonesia with around 110 professionals.
03 March 2025
Egypt

EY’s Tax Conference in Egypt brings tax and finance leaders together in Cairo EY has successfully hosted the 2025 edition of its Annual Tax Conference in Egypt, bringing together more than over 300 leaders from Egypt-based companies to discuss the evolving tax landscape.
25 February 2025
United Kingdom

EY leader Omar Ali appointed board chair of TheCityUK EY Partner Omar Ali is set to become board chair at TheCityUK. Effective 1 July 2025, Ali will take on the role from Anne Richards.
25 February 2025
Australia

17 consulting firms listed in Prosple’s top 100 graduate employers in Australia What are Australia’s top employers for graduates seeking to kickstart their career in management and technology consulting
24 February 2025
United Kingdom

Confidence amongst UK CEOs grows with majority looking to M&A now Business confidence amongst UK CEOs is growing, despite ongoing geopolitical and macroeconomic challenges.
20 February 2025
Romania

Romania’s M&A market closes 2024 with $6.6 billion in deal value Romania’s mergers and acquisitions (M&A) market closed 2024 off with a mixed bag of fortunes, with deal volume up on the year previous, but deal value down by around $350 million.
07 February 2025
United Kingdom

EY announces move to Paradise Birmingham EY has become the latest consulting firm to announce it will relocate its Midlands operations to Paradise. The company will shift its Birmingham-based staff to the complex by 2026.
06 February 2025
United Kingdom

EY and PwC set to miss 2025 partner targets for women The UK wings of EY and PwC are reportedly off track when it comes to meeting their targets for the proportion of women in their respective partnerships.
30 January 2025
United Kingdom

Arsenal provides £600 million economic boost to UK economy A new report undertaken by EY suggests that Arsenal Football Club contributed more than half-a-billion pounds to the UK economy over the last season alone.
24 January 2025
United Kingdom

EY launches global ‘Transformations’ marketing campaign Big Four firm EY is looking to bounce back from a year to forget, with the launch of a new branding charm offensive.
14 January 2025
United Kingdom

EY appointed as financial advisor to Victoria North regeneration programme The consortium running the Victoria North regeneration programme has appointed EY to the project.
07 January 2025
Asia

Global IPO market value dipped to $121 billion in 2024 The global IPO market faced a dip in 2024, with total proceeds ending the year at $121 billion across 1,215 deals, according to EY’s Global IPO Trends report.
06 January 2025
Europe

HFS names 11 firms as market leaders for Analytics, AI, Data and Automation Analyst firm HFS has released its latest assessment of the professional services landscape for Analytics, AI, Data and Automation, highlighting 11 companies as leaders in the domain.
23 December 2024

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