EY | Global news | Page 4

An overview of EY global news:

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
India

Guardian names EY partner Shiney Prasad as India leader Insurance group Guardian has named Shiney Prasad as Country Head of its Indian organisation. He joins from consulting firm EY, where he was a partner.
26 August 2023
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

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

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

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

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

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

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

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

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

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

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

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
Australia

Ernst & Young promotes 53 to partnership in Australia More than 50 individuals have been promoted to EY’s partnership in Australia among a 1,000-strong global mid-year intake, combining with recent recruits to push the firm’s local tally to above 750.
18 June 2023
Australia

Blair Comley (EY) appointed incoming national health secretary After the past five years with EY Port Jackson Partners, public service stalwart Blair Comley is set to make his return to the top level, appointed secretary of the Department of Health and Aged Care
14 June 2023
Australia

Management consultants to appear at Melbourne energy conference A host of industry-leading consultants are due to appear at the upcoming Australian Energy Week conference in Melbourne, including representatives of McKinsey, Ernst & Young, Accenture and Nous Group
11 June 2023
Australia

Consulting leaders to speak at digital transformation conference More than 4,500 tech professionals are expected to attend this year’s Digital Transformation Live conference in Sydney, with consultants from Accenture, Boston Consulting Group and the Big Four sched
05 June 2023
United States

EY names 966 new partners globally EY Global has promoted 966 team members to partner, down slightly from the 1,033-person partner class in 2022. Women accounted for over a third of new partners, at 34% compared to 32% in 2022.
02 June 2023
Europe

Wavering consumer confidence could stall the energy transition Consumer confidence seems to be diminishing as the impact of the energy transition becomes more apparent, leaving lower-income demographics feeling marginalized.
16 May 2023
United Kingdom

Acquisition creates tongue-twisting EY whyaye brand Big Four firm EY has announced the acquisition of whyaye. The Newcastle-based consultancy specialises in services for the ServiceNow platform.
15 May 2023
Australia

EY recognises ‘exceptional’ Oceania staff with internal CEO awards Close to dozen EY professionals and three of its teams have been recognised in the consultancy’s internal CEO Awards.
07 May 2023
Australia

Big Four and Protiviti members in running for Women in Security Awards As it builds up to its gala ceremony in October, the Australian Women in SecurityAwards has announced its first wave of finalists, including consultants from Protivitiand the Big Four.
02 May 2023
Asia

The top consulting employers in India, Japan and the Philippines Business networking platform LinkedIn has named its top companies for career progression in 20+ countries worldwide, with multiple consulting firms making the cut across three Asian editions.
02 May 2023
United Kingdom

UK profit warnings continue to rise year-on-year Profit warnings from UK-listed companies are still rising year-on-year, and remain above average for fifth consecutive quarter.
26 April 2023
Australia

EY staff in Australia latest in the firing line The announcement of job losses are coming thick and fast at the world’s largest consulting firms with EY the latest to announce cuts in what is an apparent attempt to claw back losses from its failed
25 April 2023
United States

EY US to cut 5% of workforce EY US plans to cut 3,000 jobs mostly in its consulting division, the Financial Times reported on Monday.
19 April 2023
Canada

Over half of cannabis companies didn't meet board expectation in 2022 Over half (58%) of cannabis companies underperformed board expectations in 2022, according to EY’s first annual Global Cannabis CEO Survey.
19 April 2023
United Kingdom

IBM and EY partner on ESG and quantum computing Business computing giant IBM and Big Four professional services firm EY have entered into a heavyweight alliance, which will see the two companies collaborate to bring quantum computing solutions to
18 April 2023
Australia

Chemist Warehouse chairman Jack Gance named top entrepreneur Ernst & Young has selected the next Australian representative of its global Entrepreneur of The Year program, with Chemist Warehouse co-founder and chairman Jack Gance claiming the local title.
17 April 2023
United Kingdom

EY shelves split plans after partner backlash The Big Four’s love affair with consulting is alive and well, after EY announced it has suspended its plans to divorce its auditing and advisory brands.
14 April 2023
United States

EY breakup scuttled amid objections from US audit partners EY is stopping the plan to split its global audit and consulting business because the US firm has decided not to move forward, according to a Tuesday internal memo to its 13,000 partners.
13 April 2023

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