Search Results for: Ernst and Young
EY has awarded US $1m to the 2016 winners of its global program
January 18th, 2017
EY has awarded US$1m to the 2016 winners of its global program, Better begins with you, which recognizes outstanding EY people and teams who have found inspiring and impactful ways to bring the organization’s purpose – building a better ...
Drifting into fascism
December 30th, 2016
Most people regard governments and their central banks as forces for the good. Financial crises and suchlike are therefore blamed on capitalism, and people believe our leaders do their best to pick up the pieces from market failures, because ...
China going cashless thanks to fintech boom
December 30th, 2016
Standing in line at a Starbucks in downtown Shenzhen, I suddenly realize that no one in front of me is paying with cash. They aren’t paying by credit card either. In fact, I can’t see a single customer holding a wallet or a ...
The dawn of financial technology in Islamic finance
December 23rd, 2016
Over the past decade, financial technology — widely referred to as FinTech — has grown primarily due to growing Internet access worldwide and the emergence of smartphones and apps. According to the Ericsson Mobility Report published last year, 70 ...
PwC Legal has opened an office in Singapore
December 7th, 2016
PricewaterhouseCoopers Legal (PwC Legal) has opened an office in Singapore, its first in the Asia-Pacific region, with the hires of partners Natalie Breen and Keith McGuire from Norton Rose Fulbright and Ashurst, respectively. The new office will focus on cross-border ...
China tops world fintech rankings
December 6th, 2016
China has outpaced London, New York and Silicon Valley to become the world’s undisputed global fintech leader, according to a report by DBS and Ernst & Young. Neal Cross, DBS chief innovation officer, says favorable government policies and regulations ...
EY Partners with Paxos on Blockchain Gold Settlement Service
October 12th, 2016
Financial services consultancy firm EY has announced it will collaborate with Paxos, a fintech focused on blockchain solutions, for the rollout of a blockchain settlement service that looks to offer instant settlement and delivery versus payment (DvP) for the ...
EY reports record global revenues in 2016
October 7th, 2016
EY records sixth consecutive year of record growth Solid growth across all businesses and geographical areas, including developed and emerging markets Large scale transformations and capital transactions fuel growth in Advisory and Transactions businesses Significant investment in digital transformation, ...
PwC’s legal arm posts 24% revenue jump
September 14th, 2016
Revenue at PwC Legal has soared this financial year, from £48.5m to £59.9m, an increase of 25%. Led by senior partner Shirley Brookes, the legal arm of the accounting giant has also posted net income of £11m. Of the total revenue, ...
EY looks to face a renewed investigation by Irish regulator
August 3rd, 2016
EY looks set to face a renewed investigation by the Irish accountancy regulator into its role as the former auditor of Anglo Irish Bank (AIB), following the conclusion of a lengthy trial of three executives at the bank and ...