Tag Archives: EY

EY European attractiveness survey: Foreign direct investment (FDI) into Europe record high in 2016

  5,845 foreign direct investment (FDI) projects into Europe in 2016 mark a 15% year-on-year increase UK, Germany and France attract just over half (51%) of Europe’s FDI in 2016 56% of global investors say Europe will regain steady growth … Read the full press release

EY Recognized As A leader in Digital Financial Technology Consulting by ALM Intelligence

LONDON, 24-Apr-2017 — /EuropaWire/ — EY has been recognized as a leader in digital financial technology (fintech) consulting by ALM Intelligence. In its ALM Vanguard™ report Digital Fintech Consulting, EY is cited for its broad penetration of all key buyer segments, … Read the full press release

EY announces the appointment of Dennis Layton as Global Deputy Leader of People Advisory Services

LONDON, 23-Mar-2017 — /EuropaWire/ — EY announces the appointment of Dennis Layton as EY Global Deputy Leader of People Advisory Services (PAS), effective 1 April 2017. Based in London, Layton will be responsible for driving the success of the EY PAS … Read the full press release

EY welcomes Josh Lewsey as its EY Asia-Pacific Financial Services Office People Advisory Services Leader

HONG KONG, 15-Mar-2017 — /EuropaWire/ — EY announces the appointment of Josh Lewsey as EY Asia-Pacific (APAC) Financial Services Office (FSO) People Advisory Services (PAS) Leader. Based in Hong Kong, Lewsey will build teams specifically focused on providing change management assistance … Read the full press release

Geopolitical Disruptions Are Driving Companies to Pursue Divestments

82% of companies say macroeconomic volatility will increase their likelihood to divest over the next year 48% believe tax-related divestment challenges have increased in the last 12 months 88% say advanced analytics would help make faster, better divestment decisions LONDON, … Read the full press release

CFOs Cite Providing Better Insight A Priority In Insurance Sector Growth

LONDON, 06-Mar-2017 — /EuropaWire/ — Chief financial officers (CFOs) in the insurance sector operating in an extremely challenging economic environment, say that achieving growth is an imperative but one of the biggest parts they must play is in supporting the business … Read the full press release

2017 Theodore Roosevelt Award presented to EY’s Beth Brooke-Marciniak at the NCAA Honors Celebration

LONDON, 27-Jan-2017 — /EuropaWire/ — The National Collegiate Athletic Association (NCAA) presented Beth Brooke-Marciniak, EY Global Vice Chair of Public Policy, with its highest honor, the 2017 Theodore Roosevelt Award, for her tireless commitment championing diversity and inclusion. Beth accepted the … Read the full press release

Global mining and metals M&A activity remained subdued in Q3 – EY report

Deal value down 43% in first nine months of 2016 compared with last year China the highest value dealmaker in the third quarter Traditional industry acquirers still focused on portfolio realignment LONDON, 01-Nov-2016 — /EuropaWire/ — Global mining and metals M&A … Read the full press release

EY Bank Relevance Index: Retail banks scored just 75.1 out of a maximum value of 100

40% of consumers report decreased dependence on their bank The average bank relevance score stands at 75.1 out of a possible 100 Trust in banks lags behind digital-only banks, FinTechs and supermarkets offering banking services LONDON, 21-Sep-2016 — /EuropaWire/ — Forty … Read the full press release

EY named one of the leading providers of consulting services to middle market firms by IDC MarketScape report

LONDON, 15-Aug-2016 — /EuropaWire/ — EY has been recognized as a leader in middle market consulting in the first IDC MarketScape: Worldwide Middle Market Business Consulting Services 2016 Vendor Assessment.1 The IDC MarketScape report names EY as one of the leading … Read the full press release

16 Asia-Pacific technology-focused start-up entrepreneurs to take part in EY’s Accelerating Entrepreneurs program

The 16 will receive ongoing mentoring and coaching and will network with leading global entrepreneurs at EY’s upcoming Strategic Growth Forum in China Participants have been selected from Singapore, Hong Kong, mainland China, Mongolia, Australia and New Zealand HONG KONG, … Read the full press release

EY’s 14th Global Fraud Survey: increased pressure on GOVs to act and companies to identify and mitigate fraud, bribery and corruption issues

Overwhelming support for enhanced beneficial ownership transparency: 91% agree Corruption levels are persistent: 39% say its widespread in their country Pressure continues to bring out the worst in executives: 42% justify unethical behavior Data privacy issues are creating complexity for … Read the full press release

EY one of the few organizations to be named a leader in all of the IDC MarketScape reports

The recognition is for global, Americas, EMEA and Asia-Pacific regions LONDON, 21-Apr-2016 — /EuropaWire/ — EY has been recognized as a leader for business consulting globally and in the Americas, EMEA and Asia-Pacific regions by IDC in its annual report … Read the full press release

EY launches four new Centers of Excellence (CoE) to companies in the Asia-Pacific region

Centers to offer business transformation strategy, cybersecurity, analytics and manufacturing capabilities across the Asia-Pacific region Singapore-based hub to contribute to industry capability development SINGAPORE, 18-Mar-2016 — /EuropaWire/ — EY has launched four new Centers of Excellence (CoE) to provide innovative services … Read the full press release

EY appoints Scott Halliday as its new Area leader for Japan effective 1 March

EY announces the appointment of Scott Halliday as its new Area leader for Japan, effective 1 March. The EY member firms in Japan together represent nearly 8,000 people. LONDON, 10-Feb-2016 — /EuropaWire/ — In his role as Area Managing Partner (AMP), … Read the full press release

EY announces the appointment of Raj Apte as Head of Restructuring for Central and Southeast Europe

Raj Apte has been appointed EY’s Head of Restructuring for Central and Southeast Europe (CSE), with immediate effect. BUDAPEST, 10-Feb-2016 — /EuropaWire/ — Based in Budapest, Raj is responsible for leading a team of professionals across 22 countries in the region, … Read the full press release

SAP honours EY with two Partner Excellence Awards 2016

Awards recognize EY’s achievements in cloud business services and digital transformation LONDON, 10-Feb-2016 — /EuropaWire/ — EY is pleased to announce that it has received two SAP Partner Excellence Awards 2016 from SAP. The awards EY received are: SAP EMEA/MEE Partner … Read the full press release

EY expands analytics managed services capabilities for clients worldwide with its Analytics-as-a-Service platform EY Synapse

EY Synapse helps businesses expedite organizational changes that drive and sustain value from analytics NEW YORK, 10-Feb-2016 — /EuropaWire/ — EY has announced its global Analytics-as-a-Service (AaaS) platform, EY Synapse, to accelerate the delivery of analytics-driven insights that businesses can use … Read the full press release

Five winners in four categories will receive US$1m as part of EY’s new global recognition program “Better begins with you”

LONDON, 4-1-2016 — /EuropaWire/ — EY has awarded US$1m to the winners of its new global recognition program, Better begins with you, which recognizes EY people who have found inspiring and impactful ways to bring EY’s purpose – building a … Read the full press release

EY and AVCA: private equity exits in Africa reach eight-year high in 2014

Private equity (PE) exits in Africa reached an eight-year high in 2014, and strong activity should continue as more companies enter the period where an exit becomes increasingly imperative, according to data from EY and the African Private Equity and … Read the full press release

EY analysis: deal activity in global mining and metals sector in Q1 down 18% to US$5.9b vs same quarter last year

Increased interest in gold assets and a small uptick in private capital activity are the limited bright spots of a subdued first quarter of deal activity in the global mining and metals sector. Less than a third of companies focused … Read the full press release

Global IPO activity got off to a slow start this year compared with 2014 according to the quarterly EY Global IPO Trends: 2015 Q1

LONDON, 27-3-2015 — /EuropaWire/ — Global IPO activity got off to a slow start this year compared with 2014 with 252 IPOs raising US$38.2b in the first quarter, a 4% decrease in volume and 19% drop in proceeds compared to … Read the full press release

EY and Equistone Partners Europe sponsored research published by CMBOR reveals PE-backed IPOs remain popular exit route in 2014 with exit value at the highest since 2007

Deal activity in 2014 is up with mid-sized deal activity at the highest since 2008 Exit market performs well; exit value at the highest since 2007 at €101b Trade sales figures highest since 2011, refinancings at a record high LONDON, … Read the full press release

EY’s 11th bi-annual Global Capital Confidence Barometer reveals the desire for M&A by consumer products companies rebounded after a dip earlier in 2014

LONDON, 28-11-2014 — /EuropaWire/ — The number of consumer products (CP) companies focused on growth increased to 52% (up from 38% six months ago) according to EY’s 11th bi-annual Global Capital Confidence Barometer, a survey of more than 1,600 senior … Read the full press release

EY plans to grow its strategy consulting practice to over 2,500 professionals by 2020, both organically and through continued acquisitions

LONDON, 7-11-2014 — /EuropaWire/ — EY is executing ambitious plans to grow its strategy consulting practice to over 2,500 professionals by 2020, both organically and through continued acquisitions. Its fast-growing consultancy business has made 11 acquisitions across the globe in … Read the full press release

EY announces the admission of PK Wong & Associates LLC in Singapore as new independent member firm of its global network

EY, a leading professional services organization, today announced the admission of PK Wong & Associates LLC in Singapore as a new independent member firm of its global network. SINGAPORE, 3-10-2014 — /EuropaWire/ — PK Wong & Associates LLC is a … Read the full press release

EY’s 2013 European PE exits study: Private equity continues to outperform public markets in Europe

The gradual economic improvement in Europe, increasingly liquid debt markets and stronger IPO market conditions supported an increase in exit activity of PE-backed businesses in 2013, according to EY’s ninth annual European PE exits study published today. Last year saw … Read the full press release

Global strategy consultancy The Parthenon Group joins EY

The global EY organization announced today that The Parthenon Group—a global strategy consultancy with 300 professionals in offices in Boston, London, Mumbai, San Francisco, Shanghai and Singapore—has joined EY. NEW YORK, 3-9-2014 — /EuropaWire/ — The deal brings together EY’s market leading … Read the full press release

EY report: Global mining sector to require complete business transformations to reverse decade-long decline in productivity

The decade-long decline in productivity in the global mining sector will require complete business transformations to reverse, according to a new EY report. Sydney, 4-7-2014 — /EuropaWire/ — Commenting on the release today of Productivity in mining: A case for broad transformation, EY … Read the full press release

EY’s annual European Attractiveness Survey: Foreign direct investment (FDI) into Europe reached all-time high last year

London/Paris, 28-5-2014 — /EuropaWire/ — Foreign direct investment (FDI) into Europe reached an all-time high last year, according to EY’s annual European Attractiveness Survey. The report, now in its 12th year, combines an analysis of international investment into Europe over the last year with a … Read the full press release

Solvay and AkzoNobel partner with EY to develop monitoring system that tracks and quantifies the use of renewable raw materials

Brussels, 9-5-2014 — /EuropaWire/ — Solvay and AkzoNobel have joined forces with EY (Ernst & Young) to jointly develop a monitoring system that tracks and quantifies the use of renewable raw materials in paints, coatings and other applications. The partnership … Read the full press release

Michael Solender appointed Global Vice Chair and General Counsel at EY

Ron Hauben to succeed Solender as General Counsel of Ernst & Young LLP US London, 22-4-2014 — /EuropaWire/ — EY is pleased to announce the appointment of Michael Solender as Global Vice Chair and General Counsel, effective today, to carry out the … Read the full press release

EY released its 2013 report on how it is upholding the UNGC principles of labor, human rights, environment and anti-corruption

London, 13-3-2014 — /EuropaWire/ — EY is proud of its membership of the United Nations Global Compact (UNGC); and today shares its communication of progress report for 2013: Our vision, values and impact. The report provides examples of how EY is upholding the … Read the full press release

EY published its research “Adapting and evolving – global venture capital insights and trends 2014”

London, 13-3-2014 — /EuropaWire/ — 2013 was a solid year for the global venture capital (VC) industry marking a reversal in the declines witnessed in 2012. An exceptional fourth quarter, in which the number and value of deals both soared by 10% … Read the full press release

The EY Eurozone Financial Services Forecast (EEFSF): business lending expected to drop by €211b in 2014

London, UK, 7-1-2014 — /EuropaWire/ — This year the Eurozone will experience annual GDP growth for the first time since 2011, but at just 0.9% the growth will not be strong enough to support a level of uplift in financial services that … Read the full press release

Universum’s annual World’s Most Attractive Employer ranking named EY the world’s most attractive professional services employer

London, 23-9-2013 — /EuropaWire/ — EY is the world’s most attractive professional services employer – and second most attractive employer overall – in Universum’s annual World’s Most Attractive Employer ranking. Based on the preferences of almost 94,000 business students from the world’s top academic institutions … Read the full press release

EY acquired strategy consulting firm Greenwich Consulting

Paris and London, 23-9-2013 — /EuropaWire/ — EY is pleased to announce the acquisition of Greenwich Consulting, a move that will consolidate its service range worldwide notably in growth strategy, marketing, digital and data-analysis. The 130 Greenwich Consulting employees – 80 of whom … Read the full press release

The Bank of Slovenia commissioned system-wide Asset Quality Review (AQR) and bottom-up Stress Testing (ST) exercise in line with European Council’s recommendations

Ljubljana, 19-8-2013 — /EuropaWire/ — The Bank of Slovenia, in coordination with Slovenian Ministry of Finance, has commissioned a system-wide Asset Quality Review (AQR) and bottom-up Stress Testing (ST) exercise in line with European Council’s recommendations (Recommendation for a Council Recommendation on … Read the full press release

EY: 350 M&A and capital raising deals worth US$78.6b in the mining and metals companies globally during H1 2013, 30% down YoY

M&A and capital raising activity by mining and metals companies globally during January – June 2013 (1H) remained very subdued, pointing to the third consecutive year of declining deal volumes for the sector. 05-8-2013 — /EuropaWire/ — During the first half … Read the full press release