Audit: Wirecard plaintiffs accuse EY of "tricks" and demand securities: The restructuring of EY Germany is upsetting the plaintiffs in the Wirecard scandal ...
handelsblatt.com/unternehmen/industrie/wirtschaftspruefung-wirecard-klaeger-werfen-ey-tricks-vor-und-verlangen-sicherheiten/100027912.html
Staff in EY’s deals unit hit out at bosses after job cuts and sales slump: Management criticised for lack of transparency as survey reveals some workers feel ...
ft.com/content/4d2f2359-10f7-4265-8bc3-b9faf444d35d
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EY’s new boss shuffles leadership roles and plans cost cuts: Janet Truncale lays the groundwork for when she takes the reins at Big Four firm in July
ft.com/content/951b7007-2c11-4814-8f5f-18685d322126
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EY survey: This is how many students use AI in their studies: More than a quarter of students say that knowledge of possible AI applications is essential for ...
businessinsider.de/wirtschaft/ey-umfrage-86-der-studenten-in-deutschland-nutzen-ki-im-studium/
Private Label Appeal is on the Upswing, Ernst & Young Data Shows: The firm's research reveals shoppers' affinity for private labels is based on more ...
sourcingjournal.com/topics/retail/ernst-young-private-label-retail-consumer-insights-branding-innovation-500606/
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Study gives gloomy DAX forecast: Will car shares such as VW, BMW and co soon face major problems?
boerse-online.de/nachrichten/aktien/studie-gibt-duestere-dax-prognose-ab-bekommen-auto-aktien-wie-vw-bmw-und-co-bald-groessere-probleme-20353676.html
Restructuring: The restructuring of EY has consequences: The restructuring of auditing could also have consequences for liability for old cases such as the ...
faz.net/aktuell/wirtschaft/unternehmen/der-umbau-von-ey-hat-folgen-19590178.html
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Pittsburgh sees another record year of tech investment, spurred by autonomous vehicles, report finds
post-gazette.com/business/tech-news/2024/03/20/pittsburgh-tech-investment-autonomous-vehicle-aurora-stack/stories/202403200130
After Wirecard scandal: EY continues to restructure - Alarm among representatives of creditors
handelsblatt.com/unternehmen/dienstleister/nach-wirecard-skandal-ey-baut-weiter-um-alarmstimmung-bei-vertretern-der-glaeubiger/100023223.html
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These 10 initiatives support female founders in Germany: Around a fifth of German startups in 2023 were founded by women. What initiatives are there for female ...
businessinsider.de/gruenderszene/stipendien-netzwerk-kapital-diese-10-initiativen-unterstuetzen-angehende-gruenderinnen-in-deutschland/
New legal form: EY is restructuring its liability structure: By changing its legal form, the testing giant is reducing its share capital and liability amount ...
faz.net/aktuell/wirtschaft/unternehmen/ey-baut-haftungsstruktur-um-19579117.html
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Businesses favor gradual adoption of GenAI as they look to address knowledge gaps
business-review.eu/tech/businesses-favor-gradual-adoption-of-genai-as-they-look-to-address-knowledge-gaps-258196
UK regional growth gap to widen as London pulls further ahead: Despite levelling up efforts, EY data found the capital and south-east of England would benefit ...
theguardian.com/business/2024/mar/04/uk-regional-growth-gap-to-widen-as-london-pulls-further-ahead
EY took on $700mn in debt for doomed ‘Project Everest’ spin-off plan: New figures detail cost to Big Four firm of unsuccessful effort to separate consulting arm
ft.com/content/88cf31c3-e7d5-4dd6-a844-fe010a77dc8f
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At least half of some teams were failing to meet EY's policy of being in the office at least two days a week, a person at the firm told the FT. on.ft.com/3uaIZv6
The Issa brothers built an empire. Now a wedge is driving them apart: The Asda owners built a retail empire together from their Blackburn base ...
thetimes.co.uk/article/issa-brothers-asda-mohsin-victoria-price-ey-krg7sc7t8
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Study: Chinese company takeovers continue to decline: Ten years ago, there were fears in Europe of domestic industry being sold off to Chinese companies ...
handelsblatt.com/politik/international/studie-chinesische-firmenuebernahmen-gehen-weiter-zurueck/100018718.html
Wirecard trial: auditor witness - “Wirecard has always been very stonewalling”: First he checked Wirecard's balance sheets, later he switched sides: A witness ...
sueddeutsche.de/wirtschaft/wirecard-prozess-markus-braun-ey-zeuge-wirtschaftspruefer-1.6431055
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AI at work: These skills make you irreplaceable: There is great concern about job losses due to AI. A HR consultant explains which skills will be crucial for you ...
businessinsider.de/karriere/ki-im-job-diese-kenntnisse-machen-euch-unersetzlich-laut-einem-personalexperten/
Secret restructuring at EY: GmbH becomes KG: In February, EY was restructured into a limited partnership. This could have tax and legal advantages.
businessinsider.de/wirtschaft/heimliche-umstrukturierung-bei-ey-aus-gmbh-wird-kg/
Chinese Acquisitions in Europe Match Lowest in a Decade: Chart
bloomberg.com/news/articles/2024-02-27/chinese-acquisitions-in-europe-match-lowest-in-a-decade-chart
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Ireland’s share of exchange-traded fund market ‘to rise above $3 trillion’ by 2030
businesspost.ie/news/irelands-share-of-exchange-traded-fund-market-to-rise-above-3-trillion-by-2030/
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Audit: Secret restructuring of EY after Wirecard disaster: The company separates consulting and auditing transactions become more separated and changes their ...
handelsblatt.com/unternehmen/dienstleister/wirtschaftspruefung-geheimer-umbau-von-ey-nach-wirecard-desaster/100018816.html
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Venture capital for startups: Why there is hardly any money for women: A study now shows what many founders experience when looking for investors: women's teams ...
t3n.de/news/gruenderinnen-risikokapital-1610895/
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Study shows dip in Chinese takeovers amid European investment concerns
deccanherald.com/business/economy/study-shows-dip-in-chinese-takeovers-amid-european-investment-concerns-2912229
Payday in the Postbank chaos is approaching: boss bonuses at Deutsche Bank cut: Postbank brought tens of thousands of customers to the brink of despair ...
faz.net/aktuell/wirtschaft/unternehmen/chef-boni-bei-der-deutschen-bank-gekuerzt-19541283.html
Electric van maker Arrival lurches closer to insolvency: Nasdaq-listed Arrival, which has seen its shares plummet by 95% over the last year ...
news.sky.com/story/electric-van-maker-arrival-lurches-closer-to-insolvency-13054073
‘Incredible failure’: KPMG rejects claims it assessed ‘the wrong company’ before $423m payment to Paladin
theguardian.com/business/2024/feb/24/incredible-failure-kpmg-rejects-claims-it-assessed-the-wrong-company-before-423m-payment-to-paladin
Bilanzskandal: Wirecard-Zusammenbruch – Tausende neue Klagen gegen EY: Mehr als 4000 neue Klagen sind 2023 am Landgericht München gegen die ehemaligen ...
handelsblatt.com/finanzen/banken-versicherungen/bilanzskandal-wirecard-zusammenbruch-tausende-neue-klagen-gegen-ey/100016967.html
UK economic growth to rebound in late 2024, leading forecaster says: EY Item Club report hands PM new year boost with prediction that inflation drop will allow ...
theguardian.com/business/2024/jan/22/uk-economic-growth-rebound-late-2024-ey-item-club-forecast
UK economic prospects picking up but 'good chance' it slipped into recession at the end of 2023, say experts
standard.co.uk/news/politics/economy-uk-recession-inflation-interest-rates-bank-england-b1133891.html
Auditors: EY objects to the auditor’s supervisory authority’s penalty decision: The allegations made by the supervisory authority Apas against Wirecard's former ...
handelsblatt.com/unternehmen/dienstleister/wirtschaftspruefer-ey-legt-widerspruch-gegen-strafbescheid-der-prueferaufsicht-ein/100005769.html
Start-up scene: The financing crisis for start-ups is growing: Start-ups experienced a boom during the pandemic, but are now finding it increasingly difficult to ...
faz.net/aktuell/finanzen/finanzmarkt/finanzierungskrise-bei-start-ups-waechst-mehr-stellenabbau-droht-19451520.html
Cybersecurity, top concern for European banking: EY Bank Risk Management Survey finds that cybersecurity is the top concern for European banking Chief Risk ...
romaniajournal.ro/business/european-banks-cybersecurity-top-risk-ai-emerging-in-5-years/
EY Added $700 Million in Debt for Failed Spinoff Costs, FT Says: EY took on more than $700 million in extra debt to deal with costs related to its failed plan to ...
trib.al/0LT3ngz
Ireland’s economy to outpace Euro area, UK and US this year, EY Ireland analysis finds
businesspost.ie/news/irelands-economy-to-outpace-euro-area-uk-and-us-this-year-ey-ireland-analysis-finds/
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UCI Cycling World Championships boosted Scottish economy by £205m – consultants EY
scotsman.com/news/transport/uci-cycling-world-championships-boosted-scottish-economy-by-ps205m-consultants-ey-4511235
Client lists: How auditors compete for mandates: The battle for customers between the four audit giants PWC, KPMG, EY and Deloitte is fierce ...
faz.net/aktuell/wirtschaft/unternehmen/wie-wirtschaftspruefer-um-mandate-wetteifern-19490138.html
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CEOs in Europe to Raise Prices for Shoppers If They See Costs Rising, EY Says: All company bosses in Europe who anticipate rising costs plan to shift at least ...
bloomberg.com/news/articles/2024-01-31/ceos-in-europe-to-lift-prices-if-they-see-costs-rising-ey-says
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EY CFO Imperative: Finance must lead in data strategy, connect, and drive diverse talent and culture
business-review.eu/money/finance/ey-cfo-imperative-finance-must-lead-in-data-strategy-connect-and-drive-diverse-talent-and-culture-256906
Big companies at risk as nearly a fifth of listed firms issue profit warnings in 2023
cityam.com/big-firms-at-risk-as-nearly-a-fifth-of-listed-firms-issue-profit-warnings-in-2023/
Generation Z uses AI less at work than older employees: 63 percent of Generation Z use AI at work, while older generations use it more often ...
businessinsider.de/wirtschaft/international-business/die-generation-z-nutzt-ki-im-job-weniger-als-aeltere-mitarbeiter/
Audit: BDO snatches seven luminaries away from EY: The battle for talent among auditors and tax advisors is fierce. The provider EY, weakened by the Wirecard ...
faz.net/aktuell/wirtschaft/unternehmen/wirtschaftspruefung-bdo-schnappt-ey-sieben-koryphaeen-weg-19466365.html
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Personnel: ECB supervisor becomes head of the Swiss financial market authority Finma
handelsblatt.com/finanzen/geldpolitik/personalie-ezb-aufseher-wird-chef-der-schweizer-finanzmarktbehoerde-finma/100010044.html
Venture capital: Investments in German start-ups fall by almost 40 percent: The lull in financing for young companies has worsened further in 2023. However ...
handelsblatt.com/unternehmen/mittelstand/wagniskapital-investments-in-deutsche-start-ups-sinken-um-fast-40-prozent/100007175.html
EY Index: One in four buy cars online; dealerships crucial for transition to EVs: Business - Car buyers are more likely than ever to complete their purchase ...
business-review.eu/business/ey-index-one-in-four-buy-cars-online-dealerships-crucial-for-transition-to-evs-256390
E-car registrations in Germany: Volkswagen overtakes Tesla: The eternal first? Tesla delivered nine percent fewer electric cars in Germany in 2023 than in the ...
spiegel.de/wirtschaft/e-autos-volkswagen-ueberholt-tesla-in-deutschland-a-98358cc6-fdbb-4d7c-944f-98e9c9943cb5
Real estate: Will the slump on the real estate market continue? This is what the professionals think
handelsblatt.com/finanzen/immobilien/immobilien-haelt-die-flaute-auf-dem-immobilienmarkt-an-das-denken-die-profis/100007505.html
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Less money for German startups: The gold rush mood is over. Investors are acting more realistically and cautiously. Many German startups felt this in 2023 ...
computerwoche.de/a/weniger-geld-fuer-deutsche-startups,3698252
Start-up: Company cell phone rental company Everphone receives funding of 270 million euros
handelsblatt.com/technik/it-internet/start-up-diensthandy-verleiher-everphone-erhaelt-finanzierung-ueber-270-millionen-euro/100006999.html
Businesses fear global tax reform will lead to double taxation, according to new EY survey
business-review.eu/money/finance/businesses-fear-global-tax-reform-will-lead-to-double-taxation-according-to-new-ey-survey-256307
UK recession hangs in the balance after GDP figures: 'Either way, the economy's performance over the last two years has broadly reflected stagnation'
heraldscotland.com/news/24047175.uk-recession-hangs-balance-gdp-figures/
Auditor ranking: EY continues to decline among DAX companies: Almost all DAX companies have replaced their auditors as required: EY is not the only loser among ...
handelsblatt.com/unternehmen/dienstleister/wirtschaftspruefer-ranking-ey-steigt-bei-dax-konzernen-weiter-ab/100003752.html
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EY survey: Survey: Swiss banks expect record profits: Almost all of the companies surveyed expect higher operating results for 2023. They are also optimistic for ...
handelsblatt.com/finanzen/banken-versicherungen/banken/ey-befragung-umfrage-schweizer-banken-erwarten-rekordgewinne/100006039.html
Deals resurgence: Life sciences M&A spikes, driven by capital reserves, revenue growth pursuit
business-review.eu/business/deals-resurgence-life-sciences-ma-spikes-driven-by-capital-reserves-revenue-growth-pursuit-255993
False audit certificates: Wirecard insolvency administrator demands 1.5 billion euros from EY
faz.net/aktuell/wirtschaft/unternehmen/wirecard-insolvenzverwalter-fordert-1-5-milliarden-euro-von-ey-19416045.html
Big Four firms rethink governance after year of mis-steps and scandals: Auditors and regulators consider ways to strengthen oversight and hold management to ...
ft.com/content/2442852f-69ac-4e87-ba6e-b16343654d83
My wheelchair set me free, but that was just the start: For most of his life Sam Steel, 28, has had close contact with Whizz Kidz, the charity for young ...
thetimes.co.uk/article/whizz-kidz-dream-job-christmas-appeal-fdkmbfm2j
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Wirecard lawsuit against EY claims 1.5 billion euros in damages: Accountancy firm EY is facing a new lawsuit claiming 1.5 billion euros ($1 ...
reuters.com/sustainability/boards-policy-regulation/wirecard-lawsuit-against-ey-claims-15-billion-euros-damages-2023-12-29/
Quick Glance: Shakira's Hometown Unveils Giant Bronze Statue
- The famous Colombian singer Shakira has been immortalized in her hometown of Barranquilla with a giant bronze statue in her famous belly-dancing pose.
Wirecard investor lawsuit against EY filed in Munich: A new investor lawsuit is claiming more than 700 million euros ($771.40 million) in damages from accounting ...
reuters.com/business/finance/wirecard-investor-lawsuit-against-ey-filed-munich-2023-12-22/
EY claims success in using AI to find audit frauds: Big Four firm says suspicious activity quickly spotted but industry disagrees about relying on the new ...
ft.com/content/b18961f1-c65c-433b-8dd4-05196fa0e40a
Quick Glance: Former Ukrainian Lawmaker Killed Near Moscow
- Ilya Kiva, accused of treason, was assassinated near Moscow by Ukrainian special forces.
- Kiva, a supporter of Russia’s invasion of Ukraine, fled to Russia after facing treason charges.
- Two Ukrainian officials confirmed that the SBU carried out the operation to kill Kiva.
- His death is the latest in a series of assassinations of Ukrainian defectors and Russians involved in Moscow’s invasion.
From wellness Wednesdays to walk and talk meetings.
Here's how workplaces can boost employee mental health: ow.ly/3JKJ50Qhz81 Quartz EY
Study: More than twice as many women on boards than in 2020: The top floors of German companies have become more female in recent years. The proportion of female ...
handelsblatt.com/unternehmen/management/studie-mehr-als-doppelt-so-viele-frauen-in-vorstaenden-als-noch-2020/100005244.html
Janet Truncale is the first woman to become global chief of a Big Four firm. She has a mountain to climb at an EY riven by splits. on.ft.com/3R555YO
Quick Glance: Janet Truncale: EY's Trailblazing Global Leader
- Truncale faces the challenge of uniting the company
- Shortly after her appointment as the global CEO at EY, she joined a video call with US executives
- Carmine Di Sibio's plan to create a blueprint for the Big Four was blocked by the US executive committee
- Her ascent came through EY’s financial services organization
“EY’s latest Energy report highlights the accelerating global shift to green energy, projecting it to dominate electricity generation by 2038 and make up 62% ... Show more
EY executives clash over mandatory retirement age in leadership race: Some partners are worried that 57-year-old Andy Baldwin could not serve a full term if he ...
ft.com/content/0ed799ef-1cc5-49f3-8c9d-a755a99ed3ea
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End of deadline: Last deadline for Wirecard lawsuits: Claims against Wirecard, former executive bodies and EY expire on December 31st. Shortly before closing ...
faz.net/aktuell/wirtschaft/unternehmen/wirecard-klagen-letzte-frist-endet-im-dezember-19408579.html
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EY aims to shake up US audit business after ‘unacceptable’ number of flaws: Big Four firm says deficiency rate soared to 46% in annual inspections
ft.com/content/10f30eb4-188e-4ca0-b218-d1579b3754fd
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Bank of England UK interest rates tough talk unconvincing: The Bank has appeared at pains to dampen thoughts of an early cut in interest rates
heraldscotland.com/opinion/24006309.bank-england-uk-interest-rates-tough-talk-unconvincing/
Accounting scandal: Insolvency administrators and shareholder protectors are suing Wirecard auditors EY for damages
handelsblatt.com/unternehmen/dienstleister/bilanzskandal-insolvenzverwalter-und-aktionaersschuetzer-verklagen-wirecard-pruefer-ey-auf-schadenersatz/100004240.html
EY in Talks to Close London Bridge Headquarters as Staff WFH: Ernst & Young LLP is considering moving out of its London headquarters as staff increasingly ...
bloomberg.com/news/articles/2023-11-20/ey-in-talks-to-close-london-bridge-headquarters-as-staff-wfh
Businesses fall short on climate strategy and action, despite advances in reporting
business-review.eu/business/businesses-fall-short-on-climate-strategy-and-action-despite-advances-in-reporting-254778
Quick Glance: COP28: Potential Agreement on Phasing Out Fossil Fuels
- The UAE is cautiously optimistic about COP28 committing to phase down fossil fuels in the coming decades.
- Hosting a climate conference in a petrostate could lead to real progress on climate despite the irony.
- A pledge now will not mean the world will completely stop using fossil fuels.
- It is very unlikely to get any commitment on an expiry date, as it would be too controversial.
EY assisted TMF Group in its acquisition of Contexpert, a top-tier Romanian company specialized in accounting, audit, tax, and payroll services
business-review.eu/business/ey-assisted-tmf-group-in-its-acquisition-of-contexpert-a-top-tier-romanian-company-specialized-in-accounting-audit-tax-and-payroll-services-255159
Career in consulting: Partner at EY reveals his best tips: Björn Schaubel has worked his way up from consultant to partner. He told us what you should bring to a ...
businessinsider.de/karriere/karriere-im-consulting-partner-bei-ey-verraet-seine-besten-tipps/
Auditor: EY's appeal in the Wirecard scandal largely rejected: The Stuttgart Higher Regional Court authorizes the insolvency administrator to obtain access and ...
handelsblatt.com/unternehmen/dienstleister/wirtschaftspruefer-berufung-von-ey-im-wirecard-skandal-weitgehend-zurueckgewiesen/100003201.html
EY study: demand for credit in the euro zone is weakening significantly: According to the study, lending in the international community will only grow slightly ...
handelsblatt.com/finanzen/banken-versicherungen/banken/ey-studie-kreditnachfrage-in-der-euro-zone-schwaecht-sich-deutlich-ab/100003004.html
APAS trial against EY: An exceptional lawyer helps the Wirecard investigators: A Frankfurt professor and judge is supporting the auditing regulator APAS in its ...
faz.net/aktuell/wirtschaft/unternehmen/wirecard-skandal-ausnahmejurist-jahn-aufklaerern-19354510.html
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