EY | Global news

An overview of EY global news:

United Kingdom

EY set to shed 150 jobs in UK consulting wing With Big Four advisory and audit firms continuing to reckon with falling demand, EY has become the latest firm to announce cuts to its UK headcount.
04 December 2024
Middle East

MENA’s mergers & acquisitions market set to eclipse 700 deals this year The number of mergers & acquisitions closed this year in the Middle East and North Africa is set to eclipse the 700 mark, a notable increase on last year’s dealmaking activity, according to analysis
24 November 2024
Australia

EY adds identity and access management specialist J Group Consulting Big Four accounting and consulting firm Ernst & Young has added Melbourne-based privileged access management specialist J Group Consulting, which was established just two years ago.
22 November 2024
United Kingdom

Bank lending to return to growth in 2024 despite inflationary pressures Bank lending to UK businesses and households to return to growth this year, and accelerate over 2025 and 2026, according to a new report from EY.
22 November 2024
United Kingdom

EY selected for Typhoo Tea administration For more than 120 years, Typhoo Tea has been one of the UK’s most recognisable brands.
20 November 2024
Netherlands

The dealmakers that advised Bridgepoint’s purchase of Schuberg Philis Dutch IT company Schuberg Philis has been acquired by Bridgepoint, in a deal that is reported to be worth several hundreds of millions of euros. Meet the M&A consultants that helped close the deal.
13 November 2024
Australia

Big Four consultants win at inaugural Australian AI Awards PwC partner Tom Pagram has been named AI consultant of the year at the inaugural Australian AI Awards, with EY’s Michelle Zhao and Danielle Froes jointly winning the rising star award.
11 November 2024
United Kingdom

Dilek Çilingir named EY global forensic and integrity lead Big Four firm EY has announced the appointment of Dilek Çilingir as its new global forensic and integrity services leader. She will oversee a team of more than 5,000 experts in the practice.
31 October 2024
Asia

Global IPO market remains resilient amid economic pressures Despite all kinds of challenges, the global IPO market remained resilient in the third quarter of 2024, outpacing both previous quarters in terms of IPO launches.
03 October 2024
India

Government launches investigation into death of young EY’er due to ‘work stress’ The Indian government has officially launched an investigation into the death of Anna Sebastian Perayil, a 26-year-old EY employee in Pune, following allegations that work-related stress contributed
23 September 2024
India

EY junior passed away due to ‘high stress and overwork’, says mother Anna Sebastian Perayil, a 26-year-old junior from Kerala, tragically passed away due to what her family claims was work-related stress after joining professional services giant EY in Pune.
19 September 2024
Australia

EY getting set to shift its office in Melbourne after six-year wait Big Four professional services firm Ernst & Young is preparing to move its Melbourne branch to the east end of Bourke Street, shifting from its current Exhibition base of almost twenty years.
10 September 2024
Australia

Amanda Lee (SW) and Jessica Clarke (EY) win Women in Banking & Finance awards Accounting and consulting firm SW has celebrated the ‘Achievement in Professional Services’ title won by chief marketing officer Amanda Lee in this year’s Women in Banking & Finance Awards.
10 September 2024
Saudi Arabia

EY moving financial services partners to KSA to tap market opportunities In a bid to tap opportunities and expand its market share in Saudi Arabia’s buzzing financial services market, EY is relocating senior leaders from across its footprint to its offices in Riyadh, Jedd
09 September 2024
United Kingdom

EY mulls appointing first woman as UK CEO EY could be on the brink of appointing the first woman to permanently head a Big Four firm in the UK.
09 September 2024
United Kingdom

Annie Graham appointed as EY UK head of audit Annie Graham has been named as EY’s new UK head of audit. She will join the firm’s UK board, and will be responsible for the delivery of consistent audits in the market. PHOTO: https://assets.ey.
29 August 2024
United Kingdom

Ryan Squires to lead EY’s office in Southampton Following the retirement of long-standing leader Dave Hales, EY has installed a new office leader for Southampton. Ryan Squires takes on the role, having spent 20 years with the firm.
23 August 2024
India

EY appoints Farokh Balsara as leader of India Business Network Big Four firm EY has appointed Farokh Balsara as Managing Partner of its India Business Network.
19 August 2024
Australia

EY’s Australian revenues dip due to consulting and deals downturn The Australian business of Big Four professional services firm Ernst & Young (EY) has posted revenues of $2.5 billion for its 2024 financial year, a drop of 6 percent on the previous period.
15 August 2024
Singapore

EY to train over 500 consultants on Microsoft AI in Singapore As part of its global AI collaboration with Microsoft, EY has announced it will provide over 500 consulting professionals in Singapore with learning & development opportunities to hone their AI capab
07 August 2024
Asia

Private equity continues M&A rebound across Southeast Asia Deal activity by private equity groups in Southeast Asia enjoyed a strong rebound in the second quarter of 2024, up 10-fold in deal value and 1.6 times in deal volume, according to research from EY.
31 July 2024
Australia

EY cheering on four Australian Olympian colleagues in Paris The Australian branch of professional services firm Ernst & Young is getting set to cheer on a quartet of Paris-bound colleagues – beneficiaries of the firm’s internal elite athletes program.
23 July 2024
Australia

Australia-based EY leaders take on new APAC and global roles Ernst & Young’s Sydney-based leader Shannon Cotter has stepped up to the next level, appointed to oversee the practice for the Big Four firm’s Asia Pacific geography.
23 July 2024
Saudi Arabia

EY to open new MENA regional headquarters in Riyadh Global accounting and consulting firm Ernst & Young (EY) has announced it will locate its soon-to-be established new MENA regional headquarters in Riyadh, Saudi Arabia.
23 July 2024
United Kingdom

Swapnil Katkar named partner in EY UK pensions consulting team Big Four firm EY has announced the appointment of Swapnil Katkar as a new partner. He will now lead bulk purchase annuity and capital markets solutions within EY’s pensions consulting business.
23 July 2024
Australia

EY makes seven appointments in Australian leadership team Professional services firm Ernst & Young has shuffled its Australian leadership team, including the appointment of new state and office managing partners in Sydney, Adelaide and Canberra.
22 July 2024
United Kingdom

Number of FTSE profit warnings hits lowest level in years The number of profit warnings of UK-listed companies has dropped to its lowest level in three years, signalling a further recovery of the economy.
18 July 2024
United Kingdom

EY installs Ram Sarvepalli as Deputy Vice Chair for Consulting EY has appointed Ram Sarvepalli as its new Global Deputy Vice Chair for Consulting. He takes over from US-based senior partner Hyong Kim.
17 July 2024
Singapore

EY appoints Yew-Poh Mak as Deputy Managing Partner for APAC EY has appointed Yew-Poh Mak as Asia-Pacific Deputy Area Managing Partner, succeeding Harsha Basnayake as he assumes a global role at the Big Four firm.
16 July 2024
Europe

EY commits to growing its Dutch CFO Advisory Services wing EY has appointed Mustapha Abdellati as leader of its CFO Advisory Services practice in the Netherlands.
11 July 2024
United Kingdom

EY moves into new Cambridge office As it invests in its operations in the East of England, EY has moved its office in Cambridge. The new hub offers space to expand on the firm’s current 200 Cambridge team members.
10 July 2024
Sri Lanka

Harsha Basnayake: First ever Sri Lankan in EY's global board Harsha Basnayake, a leader in EY’s Sri Lankan business, has been appointed to the firm’s Global Executive Board, becoming the first ever Sri Lankan to ascend to the company’s top board.
04 July 2024

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