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EY recognized by Procter & Gamble (P&G) as one of seven top performing External Business Partners
London, 29 January 2015
Procter & Gamble has recognized EY as one of seven top performing External Business Partners to receive its highest accolade, Partner of the Year Award.
In the next 10 years only banks which have mastered transformation can count on success
London, Moscow, 28 January 2015
Over the next 10 years a number of factors, like global megatrends, demographic shifts, pressure from stakeholders, technological innovations and sluggish economic growth are going to drive both evolutionary and revolutionary changes according to EY’s new Global banking outlook 2015: Transforming banking for the next generation. Banks will have to reinvent themselves to comply with the challenges of today and be flexible enough to adapt to the reality of tomorrow.
Global IPOs outperform main indices in good, not epic, year
London, 24 December 2014
Global IPO activity continues to strengthen. In 2014, 1,206 IPOs raised US$256.5b, a 35% increase in volume and a 50% increase in value compared to 2013, according to the report: EY Global IPO Trends: 2014 Q4.
Banks’ poor service and errors push businesses across the world to seek alternative options
New York, 8 December 2014
Nearly a third of companies (29%) experienced an error with their primary bank in the past 12 to 24 months; and more than half (57%) were less than highly satisfied with the resolution.
Media and entertainment M&A appetite hits three-year high with a greater focus on ‘bite-sized’ deals
Los Angeles, 8 December 2014
A record number of media and entertainment (M&E) companies expect to pursue M&A deals during the next 12 months, according to a recent survey of over 1600 senior executives, of which 94 were from the M&E companies, in more than 60 countries conducted by EY for the 11th Capital Confidence Barometer: Media & Entertainment.
International Islamic banking assets with commercial banks set to exceed US$778b in 2014
Dubai, 2 December 2014
According to EY’s World Islamic Banking Competitiveness Report 2014-15: Participation Banking 2.0, Islamic banking assets with commercial banks in international markets are set to exceed US$778b in 2014.
Risk culture is at the forefront of banks' agenda as fines and remediation hit home
Washington, DC, 1 December 2014
EY’s annual risk management survey of major financial institutions, Shifting focus: risk culture at the forefront of banking, shows that in the past year, banks have made dramatic shifts in their attention to risk culture, but much more work remains to be done.