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December 2016

Eyes turn to 2017 for growth as the IPO market still reels from uncertainty in 2016
London, 15 December 2016
Entrepreneurial and investor confidence was challenged throughout 2016 by heightened political and economic uncertainty globally.

Global organizations better prepared to predict and resist cyber attacks, but struggle to recover from them, EY survey finds
London, 14 December 2016
Global organizations are more confident than ever that they can predict and resist a sophisticated cyber attack, but are falling short of investments and plans to recover from a breach in today’s expanding threat landscape, according to the annual EY Global Information Security Survey (GISS), Path to cyber resilience: Sense, resist, react.

Market-to-mine approach needed to stem productivity loss in mining and metals sector
London, 13 December 2016
Research suggests that an integration gap – between the mine and production plant, maintenance and supply chain – is causing a productivity loss of more than 20% in the mining sector.

EY ranked one of top cybersecurity consulting organizations by Cybersecurity Ventures
London, 8 December 2016
EY has been named one of the world’s top cybersecurity consulting organizations to watch in 2017 by Cybersecurity Ventures, a global research and publishing company focused on the cybersecurity industry.

Sector convergence and digital disruption drive dealmaking uptick for media and entertainment
New York, 6 December 2016
The M&A outlook for the media and entertainment (M&E) sector is being driven by sector convergence and digital disruption, according to EY’s 15th biannual Media & Entertainment Capital Confidence Barometer (CCB). Sector convergence is the greatest disruptor to M&E businesses, according to 31% of executives surveyed.

Power and utility megaprojects run 35% over budget on average
London, 1 December 2016
A new report from EY, Spotlight on power and utility megaprojects — formulas for success, reveals power and utility megaprojects run 35% (US$2b) over budget and behind schedule by two years on average.

November 2016

EY names South Africa finalist, Karl Frenzel, Young Tax Professional of the Year 2016
Amsterdam, 30 November 2016
South Africa finalist, Karl Frenzel, has been awarded this year’s Young Tax Professional of the Year title at the global final held in Amsterdam.

Aspiring finance leaders need to go beyond number counting as traditional path to leadership is disrupted
London, 30 November 2016
The chief financial officer (CFO) of the future will change according to an EY global survey of 769 finance leaders.

Global telecommunications M&A driven by sector convergence and digital disruption
London, 28 November 2016
Sector convergence and advances in technology and digitalization are altering the telecommunications landscape, according to EY’s 15th biannual Telecommunications Global Capital Confidence Barometer (CCB).

75% of businesses identify tax risk as top transfer pricing priority
London, 22 November 2016
Seventy-five percent of businesses identify tax risk management as their top transfer pricing priority, according to an EY report, In the spotlight: a new era of transparency. Rising from 66% in 2013, the survey of 623 tax and finance executives across 36 countries reflects the striking impact of global calls for greater tax transparency on the boardroom agenda.

Global power and utilities deal value falls for fourth consecutive quarter in Q3 2016
London, 21 November 2016
Global power and utilities deal value continued to decline for the fourth consecutive quarter — falling 8% to US$39.7b in Q3 2016 compared to the previous three months — according to the EY Power transactions and trends Q3 2016 report.

Technology disruption fuels blockbuster third quarter for global technology M&A
New York, 17 November 2016
Tech and non-tech companies being disrupted by innovative digital technologies turned to M&A in numbers that made Q3 2016 another blockbuster quarter for global technology M&A value, according to the EY Global technology M&A report — July-September final look.

Changing investor preferences are pressuring hedge funds to adapt in order to grow
New York, 15 November 2016
Hedge fund managers are feeling the pressure from changing investor demands and the managers that adapt accordingly and timely will be the most successful in achieving growth, according to the EY 2016 Global Hedge Fund and Investor Survey: Will adapting to today’s evolving demands help you stand out tomorrow?

More CFOs concerned with impact of data on corporate reporting
London, 14 November 2016
CFOs are being left exposed as the increasing volume and pace of data impacts their ability to provide meaningful insights to boards at speed with no errors. This is according to a new report by EY Financial Accounting and Advisory Services (FAAS), which finds that 66% of respondents worldwide say this issue is having a significant impact on the effectiveness of corporate reporting, up from 57% in 2015.

Ninety-two percent of power and utilities plan to invest in digital grid in the next 12 months
London, 14 November 2016
Digital grid is becoming a primary focus area for the global power and utilities sector, with 92% of companies surveyed planning to invest in the next 12 months, according to a new EY report, Digital grid: powering the future of utilities. In the next 5 to 7 years, investment in digital grid is expected to be in the region of US$500b.

EY Worldwide Digital Tax Guide helps clients navigate the emerging tax policy landscape with respect to digital and law
London, 8 November 2016
EY announces the launch of the EY Worldwide Digital Tax Guide that updates and expands the existing Worldwide Cloud Computing Tax Guide and looks at sector-specific digital business models within Technology, Automotive, Banking and Capital Markets, Consumer Products, Telecommunications, Media and Entertainment, Insurance and Life sciences.

October 2016

Technology executives expect record M&A activity in spite of ‘low-growth’ economy
New York, 31 October 2016
A vast majority (91%) of technology executives are confident that the technology M&A market will remain in record territory, according EY’s 15th biannual Global Capital Confidence Barometer – Technology (CCB), which had 255 respondents from technology companies around the world.

Global mining and metals deal value remains flat in Q3 while deal volume increases 12%
London, 27 October 2016
Global mining and metals M&A activity remained subdued in Q3 with deal value flat at US$7.9b and deal volume up by 12% to 121 deals quarter-over-quarter, according to the EY Mining through the cycle: exchange performance comparison report.

Europe regains ground in renewable energy investment attractiveness index
London, 26 October 2016
The latest bi-annual EY Renewable energy country attractiveness index (RECAI) sees European countries regaining ground after falling down the ranking to emerging markets in May 2016.

EY and Johns Hopkins Armstrong Institute for Patient Safety and Quality form strategic collaboration
London, 25 October 2016
EY and the Johns Hopkins Armstrong Institute for Patient Safety and Quality announce a strategic collaboration to develop and deliver services to help health care organizations worldwide improve patient safety, operational efficiency and clinical outcomes.

Four EY leaders recognized by OUTstanding professional network for contributions to LGBT+ inclusion
London, 25 October 2016
EY leaders have been recognized today by the OUTstanding professional network for their impact on lesbian, gay, bisexual, transgender (LGBT) inclusion inside and outside the workplace.

Exchange-traded fund market set to nearly double by 2020
New York, 25 October 2016
Strong growth in exchange-traded fund (ETF) assets is expected to continue with assets under management (AuM) on track to reach US$6t in value by 2020, according to EY Global ETF Survey 2016 Integrated innovation: The key to sustainable growth. This predicted growth follows a decade of growth in the industry, averaging 21.5% per annum and with AuM valued at US$3.4t as of August 2016.

P&G recognizes EY with Excellence Award and names the organization External Business Partner of the Year
London, 25 October 2016
Procter & Gamble (P&G) has recognized EY as one of twelve top performing companies to receive its highest honor of being named Excellence Award winners and External Business Partner of the Year at the 2016 P&G External Business Partner of the Year Recognition Dinner, which recognizes exemplary partner collaboration.

ALM Intelligence recognizes EY as a Vanguard Leader for data management consulting
London, 19 October 2016
EY has been named an ALM Intelligence Vanguard leader for Data Management Consulting. EY was cited for its use of data and technology to solve client business problems by focusing on the role of analytics to drive performance improvement.

Global leaders agree greater transparency and disclosure will create long-term growth
New York, 17 October 2016
According to a poll conducted by EY at last week’s 2016 Conference on Inclusive Capitalism, 75% of 126 respondents regarded as some of the world’s most influential leaders in finance and business agree that greater transparency and disclosure about long-term plans to all shareholders would have the greatest potential to ensure that activist investors create long-term value for all shareholders.

Global medtech industry delivers a mixed financial performance as companies adapt to seismic shifts in health care
London, 17 October 2016
Despite a buoyant mergers and acquisitions (M&A) market and a solid performance in venture capital financing, other financial metrics suggest the global medtech industry is struggling to grow as significant changes in technology and reimbursement combine with the greater empowerment of consumers to reshape health care.

Deals take centre stage as companies look to M&A for growth in a permanently reshaped landscape
London, 17 October 2016
At a time of geopolitical uncertainty and rapid change, global mergers and acquisition (M&A) prospects remain very bullish, according to the EY 15th Global Capital Confidence Barometer (CCB), a survey of more than 1,700 executives in 45 countries.

Women occupy just 9% of board positions among top 30 global mining companies
London, 17 October 2016
The global mining and metals sector has a long way to go to reach gender parity, according to the EY report, Has mining discovered its next great resource? produced in collaboration with Women in Mining (UK).

Seven years on from financial crisis, banks now looking for blueprints for risk accountability, treatment of non-financial risks and sustainable business models
New York, 11 October 2016
While banks have materially strengthened their risk management approach from the board level down across risk, compliance and controls since the financial crisis, the industry is still searching for the appropriate blueprints to establish effective risk accountability across the three lines of defense.

EY reports record global revenues in 2016 – up by 9%
London, 6 October 2016
EY today announces combined global revenues of US$29.6b for its financial year ended 30 June 2016.

September 2016

EY Women Athletes Business Network (WABN) and International Women’s Forum continue to connect elite female athletes with top women in business
Chicago, 28 September 2016
Applications for the EY Women Athletes Business Network (WABN) 2017 Mentoring Program are now being accepted.

Uncertainty puts IPOs on hold in 2016, but pipeline is strong for 2017
London, 28 September 2016
Unprecedented levels of geopolitical uncertainty are weighing heavily on dealmakers, despite improving economic fundamentals, suggesting 2016 will be a slow year for IPOs globally, according to the quarterly EY Global IPO Trends: 2016 3Q.

Lack of trust and nontraditional offerings erode bank relevance
London, 20 September 2016
Forty percent of 55,000 consumers surveyed worldwide report decreased dependence on their traditional bank and increased excitement about alternatives, according to EY 2016 Global Consumer Banking Survey.

New report warns G20 leaders that digital disruption could hinder job-creating young entrepreneurs
Beijing, 8 September 2016
A new EY report warns that G20 leaders must better support young entrepreneurs through policies that ensure digital disruption enables rather than hinders their business development plans.

Volatility underpins top risks for global mining and metals sector
London, 8 September 2016
“Cash is king” once again in the global mining and metals sector, as ongoing volatility pushes cash optimization, capital access and productivity to the top of the EY Top 10 business risks in mining and metals, 2016-2017 report.

EY announces sponsorship and support of The British & Irish Lions Tour 2017
London, 5 September 2016
EY is extremely proud to announce its sponsorship and support of The British & Irish Lions 2017 tour of New Zealand. EY will bring its deep experience in digital and analytics to The Lions tour to help bring this unique sporting event to life for rugby fans around the world.

August 2016

Lower for longer oil price outlook drives global change in tax structures
London, 25 August 2016
A lower for longer oil price consensus is pushing more governments to rethink current tax structures and follow the example of those who have already made adjustments, EY says while launching its 2016 Global oil and gas tax guide.

Citizens hold the key to unlocking future of smarter transport planning
London, 22 August 2016
Governments must engage with citizens to develop efficient transport infrastructure that meets the urgent challenges facing today’s megacities, according to a new EY report, All change, please: How shifting passenger behavior can improve mobility in cities.

Digital transformations drive a blockbuster second quarter for global technology M&A
New York, 18 August 2016
With 28 deals at or above US$1b, Q2 2016 now holds the all-time record for most big-ticket global technology M&A deals, according to the EY Global technology M&A report — April-June 2016 final look. The previous record of 20 big-ticket deals was set in Q4 2015.

Global power and utilities Q2 deal value up 105% year-on-year
London, 18 August 2016
Corporate mergers and buyers focused on global renewables and regulated assets led a 105% increase in global power and utilities deal value in the second quarter of the year compared to the same period in 2015, according to EY’s Power transactions and trends Q2 2016 report.

Debt in global steel sector reaches record highs
London, 18 August 2016
The net debt of the top 30 steel companies globally is at a record high of more than US$150b, according to EY’s Debt in the steel sector report.

EY named as IDC MarketScape Worldwide leader in middle market consulting
London, 8 August 2016
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.

EY to launch next-gen predictive analytics hub to help consumer products and retail companies unlock growth
London, 4 August 2016
EY announces the launch of its Commercial Analytics Services Hub (EY CASH). This cloud-based analytics platform helps consumer products and retail (CPR) companies accelerate growth by predicting consumer choice to inform key decisions.

Society Consulting team joins EY to enhance digital experiences for clients through data analytics
New York, 2 August 2016
EY announces that the team from Society Consulting, a US-based market-leading analytics and big data consulting firm in Seattle, Washington, has joined Ernst & Young LLP in the US.

July 2016

Growing confidence translates into 93% quarterly increase in global mining and metals deal value
London, 28 July 2016
Global mining and metals mergers and acquisitions (M&A) deal value nearly doubled in the second quarter of the year – rising 93% to US$7.8b from US$4.1b in Q1 2016, according to latest data analyzed by EY.

As businesses go digital, companies seek to acquire innovation
London, 21 July 2016
As the world goes digital, developing innovation in-house is no longer enough, according to a new study from EY.

EY appoints Pamela Spence to Global Life Sciences Industry Leader
London, 19 July 2016
EY announces the appointment of Pamela Spence to the role of Global Life Sciences Industry Leader to its Global Life Sciences sector practice.

Dealing with volatility and uncertainty while hunting for digital
London, 18 July 2016
Despite high levels of volatility in capital markets and uncertain economic growth, global deal making held its ground in the first half of 2016.

EY appoints Harsha Basnayake as Asia-Pacific Leader – Transaction Advisory Services
Hong Kong, 15 July 2016
EY announces that Harsha Basnayake has been appointed EY Asia-Pacific Leader of Transaction Advisory Services (TAS), effective July 2016.

Rise in global mobile financial services leads to greater cross-sector collaboration and growth opportunities
London, 13 July 2016
Mobile financial services has immense potential to grow the reach of financial services and increase the convenience and ease of use for customers around the world, particularly in emerging markets.

IDC MarketScape names EY a leader in Worldwide Business Analytics Consulting
London, 12 July 2016
EY has been recognized as a leader for business analytics consulting globally by IDC MarketScape’s annual report series, Business Consulting 2016 Vendor Assessment.

EY announces new Global Deputy Vice Chair of Advisory Services
London, 12 July 2016
EY announces that Errol Gardner has been appointed Global Deputy Vice Chair of EY Advisory Services.

EY and OpenText form strategic alliance to deliver enhanced enterprise information management approaches
New York and Montreal, 11 July 2016
EY announces a strategic alliance with OpenText, a global leader in enterprise information management (EIM).

Mining companies must embed greater efficiency and productivity to withstand volatility
Sydney, 6 July 2016
Mining companies must move faster to generate cash and strengthen their balance sheets if they are to successfully navigate ongoing volatility, says EY’s latest report launched today.

EY promotes 714 new partners worldwide
London, 5 July 2016
EY announces that 714 people globally have been promoted to partner.

Consumer products and retail companies lead deal appetite
London, 1 July 2016
Appetite for mergers and acquisitions (M&A) among consumer products and retail (CPR) companies is the highest of 19 sectors surveyed and above the global average of 50%, according to EY’s 14th Consumer Products and Retail Capital Confidence Barometer.

June 2016

EY appoints Janet Dawson as Global and UK&I Government & Public Sector Assurance Leader
London, 30 June 2016
EY announces the appointment of Janet Dawson as its Global and UK&I Government & Public Sector Assurance practice leader.

EY research reveals less than half of full-time workers surveyed trust their employer, boss and colleagues
London, 30 June 2016
Survey also finds Gen Z values equal opportunity for pay and promotion and opportunities to learn and advance as leading factors in trusting a future employer.

EY named world’s #1 professional services employer in annual Universum World’s Most Attractive Employer ranking
London, 29 June 2016
EY has been named the world’s most attractive professional services employer – and third most attractive employer overall – in Universum’s annual World’s Most Attractive Employer ranking.

Global IPO market stages second quarter recovery but progress will be patchy
London, 29 June 2016
A range of factors are creating a stop-start IPO market across the globe in 2016, according to the quarterly EY Global IPO Trends: 2016 2Q.

IDC MarketScape names EY a leader for Worldwide SAP Implementation Services
London, 28 June 2016
EY has been recognized in the IDC MarketScape for SAP Implementation Services Ecosystem 2016 Vendor Assessment, as a leader for Worldwide SAP Implementation Services, and identified for its strength in employee strategy, functionality and offering road map and range of services in its portfolio.

Chinese machine-to-machine market is set for explosive growth
London, 28 June 2016
China leads the global machine-to-machine (M2M) market and will continue to see explosive growth over the next five years, according to the EY report: M2M in China: Opportunities to build on global leadership.

Automakers must radically change their thinking to address consumers’ demands for increased mobility
London, 27 June 2016
Automakers must radically change their thinking about customers, business partners, employees and their businesses to successfully address people’s changing demands for mobility, according to Remodeling for mobility, a new study from EY.

Mark Weinberger comments on the result of the UK referendum on EU membership
London, 24 June 2016
EY Global Chairman and CEO today commented on the result of the UK’s referendum on European Union (EU) membership.

EY bolsters legal services presence in Canada, Chile and Argentina
London, 21 June 2016
Three EY firms have expanded their legal services offerings, further strengthening their ability to meet growing client demand in their respective countries of Canada, Chile and Argentina.

Media and entertainment companies poised to capitalize on increased opportunities from the Internet of Things (IoT)
New York, 21 June 2016
With billions of devices expected to be connected in the coming years, media and entertainment companies are well-positioned to seize an early advantage as an enabler and receiver of IoT applications, according to the EY report Internet of Things: Human-machine interactions that unlock possibilities.

43% of private equity investors plan to deploy capital into oil and gas by first half of 2017
London, 21 June 2016
Private equity (PE) firms are readying to deploy capital into the global oil and gas sector with 25% planning acquisitions before the end of the year and 43% by the first half of 2017, according an EY global survey of 100 PE firms active in the sector.

Global telecommunications executives capitalize on digital convergence via cross-sector alliances and M&A
London, 16 June 2016
Customer behavior and digital disruption are driving dealmaking intentions in the global telecommunications sector, according to EY’s 14th biannual Telecommunications Global Capital Confidence Barometer (CCB). The report surveyed 110 telco industry leaders around the world; 59% of them were CEOs, CFOs and other C-level executives.

Manny Stul of Moose Enterprise from Australia named EY World Entrepreneur Of The Year 2016
Monaco, 11 June 2016
Manny Stul, Chairman and Co-CEO of Melbourne-based toy company Moose Enterprise, was this evening named EY World Entrepreneur Of The Year 2016 at an awards ceremony held in Monaco’s Salle des Etoiles.

EY enters into collaboration with 100 Resilient Cities, The Rockefeller Foundation’s global commitment to tackling urban challenges
London, 10 June 2016
EY has entered a strategic five-year commitment to support The Rockefeller Foundation’s 100 Resilient Cities (100RC) initiative.

Patient investors prioritize people and profits when picking who to back
London, 8 June 2016
The strength of the management team in a private company seeking funds is, by a wide margin, the single most important company-specific factor for investors, according to EY’s latest valuation survey, Value quest: How do investors find value amid the crowd of private companies?.

Female entrepreneurs outperform male peers in job creation
London, 7 June 2016
Female entrepreneurs are outperforming their male peers when it comes to hiring, according to new research released this week to coincide with the EY World Entrepreneur Of The Year Forum.

Entrepreneurs’ hiring plans increase as their confidence in the global economy holds steady
London, 6 June 2016
According to the EY Global Job Creation Survey 2016, entrepreneurs are more than twice as likely to be hiring new staff this year as large corporates.

Biotechs hit record-high, but growth is threatened
San Francisco, 6 June 2016
While biotech clusters set records in financial barometers, payer pressures threaten future growth. Learn more in Beyond Borders, EY’s latest biotechnology industry report.

ALM Intelligence names EY a global leader in digital innovation consulting
London, 3 June 2016
EY has been recognized as a global leader in digital innovation consulting by ALM Intelligence in its Competitive Landscape Analysis: Digital Innovation Consulting.

World’s leading entrepreneurs gather for 16th EY World Entrepreneur Of The Year
London, 1 June 2016
The 16th EY World Entrepreneur Of The Year Award and Forum will take place between 7 and 12 June 2016 in Monaco.

May 2016

Life Sciences M&A boom is far from over as the industry deal market ‘renormalizes’
New York, 26 May 2016
The M&A market in the global life sciences sector is in the middle of a “renormalizing” period, according to the findings in EY’s 14th Global Capital Confidence Barometer (CCB): Life sciences highlights.

Foreign direct investment in Europe at an all-time high, despite uncertainties posing risks
London, 24 May 2016
According to EY’s 2016 European attractiveness survey, foreign direct investment (FDI) into Europe hit a record high with 5,083 FDI projects in 2015 (up by 14% year-on-year), leading to the creation of 217,666 new jobs (+17%).

Andy Baldwin appointed to lead EY’s Europe, Middle East, India and Africa practices
London, 19 May 2016
EY announces the appointment of Andy Baldwin as its new leader for Europe, Middle East, India and Africa (EMEIA). Andy will become Area Managing Partner on 1 July 2016, leading EY’s EMEIA member firms, which together represent US$11.82b in revenue and more than 102,000 people across 99 countries.

First quarter global power and utilities transaction activity up 50% compared to Q1 2015
London, 19 May 2016
After hitting historic records in 2015, global power and utilities total deal value continued to climb, reaching a five-year high of US$44.4b in Q1 of 2016 — a 50% increase over the same period last year, according to EY’s Power transactions and trends Q1 2016.

EY appoints Steve Krouskos as Global Vice Chair – Transaction Advisory Services
London, 19 May 2016
EY announces that Steve Krouskos has been appointed EY Global Vice Chair – Transaction Advisory Services (TAS), effective from 1 July 2016.

Lack of accurate data threatens to undermine performance of global business’ talent and mobility programs
London, 18 May 2016
Inadequate data on workforce mobility is placing firms under increasing pressure as they struggle to deploy global human resource strategies, contain costs and comply with the demands of cross-border regulatory obligations.

EY and GE Digital form alliance in Industrial Internet of Things
London and San Ramon, 18 May 2016
EY and GE Digital (NYSE: GE) announce a new strategic alliance to develop and provide Industrial Internet of Things (IIoT) services to help industrial companies achieve increased productivity from capital assets and processes linked in the cloud.

EY World Entrepreneur Of The Year Award 2016
London, 13 May 2016
The 16th EY World Entrepreneur Of The Year Award and Forum will take place between 7 and 12 June 2016 in Monaco, where 55 entrepreneurs representing 49 countries will compete for the global crown to be announced during a gala awards ceremony on 11 June.

Technology M&A stabilizes in 1Q16 after reaching record-high value in 2015
New York, 11 May 2016
Following record-setting levels in 2015, global technology M&A volume rose 8% sequentially and 2% year over year (YOY) in the first quarter of 2016, to 1,002 deals, according to EY’s Global technology M&A update: January-March 2016. However, quarterly value fell 65% sequentially and 14% YOY.

Deal value decline continues for global mining and metals in first quarter with 45% drop year-over-year
London, 11 May 2016
First quarter global mining and metals transaction activity confirms the harsh reality faced by companies across the industry is far from over, according to EY’s latest quarterly analysis.

Global wealth managers compete for up to US$200b in revenue as shifting client expectations and technology drive transformation
New York, 10 May 2016
Globally, up to US$200b in revenue may be at stake, as 40% of all clients surveyed are open to switching wealth managers under the right circumstances, according to EY’s 2016 global wealth management report The experience factor: the new growth engine in wealth management.

Emerging markets surge ahead of European renewables powerhouses for energy investment attractiveness
London, 10 May 2016
Almost without exception, European markets slipped down EY’s Renewable energy country attractiveness index (RECAI) rankings while less mature markets across Latin America, Africa and Asia continued their ascent, reveals the latest edition of the report.

EY announces new Global Digital Leader for Advisory Services
London, 3 May 2016
EY announces Richard Suhr as Global Digital Leader of EY’s Advisory Services. Suhr built and led Google’s Enterprise and Maps business in Japan and the Asia-Pacific (APAC) region for almost a decade.

April 2016

‘Progress paradox’ found as 69% of industry leaders believe gender parity is in reach despite little headway
London, 28 April 2016
The majority (69%) of industry leaders believe they will achieve gender parity on their board within the next 25 years despite little progress being made within their organizations, according to EY’s report Navigating disruption without gender diversity? Think again.

Only 12% of consumer products and retail leaders expect significant progress in women leadership in the next five years
London, 28 April 2016
With women accounting for just 16% of executive boards across consumer products and retail (CPR), a new EY survey paints a bleak picture for gender diversity in the sector, revealing that only 12% of CPR executives expect to see a significant increase in the number of female leaders in the next five years.

Majority of business leaders say women are paramount in navigating current disruption in auto industry
London, 28 April 2016
An overwhelming majority (96 %) of business leaders agree diversity of thought and experience are crucial for navigating the changing business landscape in the automotive industry according to Respond to industry volatility without gender diversity? Think again, EY’s global survey of gender diversity in the automotive industry.

Financial services executives expect only slight increases in female leadership levels in next five years
London, 28 April 2016
While banking and insurance executives recognize their leadership teams are not sufficiently diverse, few expect to bolster those ranks with more female leaders over the next five years, according to Placing gender on the financial services agenda, EY’s global survey of gender diversity at banks and insurers.

Life sciences companies face a looming talent crisis
Boston, 28 April 2016
Life sciences industry executives are increasingly concerned they are not doing enough to attract and retain women in their organizations, according to Navigating disruption without gender diversity? Think again, a new EY survey on industry-wide gender parity.

Africa private equity exits reach a nine-year high
Addis Ababa, 27 April 2016
Private equity exits in Africa reached a nine-year high in 2015, even as firms held onto their investments longer due to economic uncertainty, according to data from EY and the African Private Equity and Venture Capital Association (AVCA).

Technology executives temper their economic optimism and trend toward alliances in low-growth economy
New York, 26 April 2016
Global technology dealmaking is marked by the twin forces of digital disruption and a prolonged low-growth economy, according to EY’s 14th biannual Global Capital Confidence Barometer (CCB) – Technology, which surveyed 182 technology leaders around the world, 55% of them C-level executives.

EY receives two 2016 SAP Pinnacle Awards: Market Impact Partner of the Year and Quality Partner of the Year
London, 25 April 2016
EY has received two 2016 SAP Pinnacle Awards ‒ Market Impact Partner of the Year and Quality Partner of the Year ‒ recognizing EY’s outstanding contributions as an SAP partner.

Acquisitions and alliances thrive as companies have strong appetite for ‘buying and bonding’
London, 25 April 2016
Global mergers and acquisitions (M&A) prospects remain positive as 50% of companies plan transactions this year, according to EY’s 14th Global Capital Confidence Barometer (CCB), a survey of more than 1,700 executives in 45 countries.

EY selects 16 start-up entrepreneurs for its Asia-Pacific Accelerating Entrepreneurs program
Hong Kong, 21 April 2016
EY has selected 16 high-potential, technology-focused start-up entrepreneurs from across Asia-Pacific to take part in its Accelerating Entrepreneurs program, which will help them to scale their businesses through support, expert guidance and networking opportunities.

Increasing global cooperation in enforcement against corruption raises the stakes for companies and their executives
London, 19 April 2016
EY’s 14th Global Fraud Survey 2016: Corporate misconduct – individual consequences finds a worldwide clamor for enhanced transparency at a time of increased geopolitical tensions and heightened volatility in financial markets.

IDC MarketScape names EY a leader in business consulting
London, 18 April 2016
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 series, IDC MarketScape for Business Consulting 2016 Vendor Assessment.

Following record-breaking 2015, venture capital investment set to settle in 2016
London, 18 April 2016
2016 looks set to be the year in which VC levels moderate, as investors switch to a focus on execution. This follows an exceptional 2015, which saw US$148b invested through 8,381 deals – the highest level of VC activity in nearly two decades according to the EY report, Back to reality: EY global venture capital trends 2015.

Corporate venture capital grows as big business responds to disruption
San Francisco, 13 April 2016
There are now approximately 1,300 corporate venture funds worldwide and in 2015 US$28b of corporate venture capital (CVC) flowed into over 1,300 deals across a range of sectors.

EY alliance with Adobe to help companies accelerate digital transformation
New York, 5 April 2016
EY and Adobe have today announced a new strategic alliance that will expand EY’s digital experience and web content services to help clients with their digital transformations. Adobe, a leader in digital marketing solutions, will team with EY to help companies improve profitability and gain competitive advantage through digital transformation programs.

Overall optimism among European banks falls to its lowest levels since 2012
London, 4 April 2016
Our annual market-leading survey of the European banking industry has revealed the continent’s bankers are at their least optimistic since 2012, when the Eurozone debt crisis was at its height.

Optimism among Europe’s bankers slips to lowest level in 4 years
London, 4 April 2016
EY’s 7th European Banking Barometer (EBB) survey has revealed widespread pessimism amongst Europe’s bankers over the outlook for their industry in the year ahead.

March 2016

EY sends five fast-growth technology start-up entrepreneurs to Monaco for its European Accelerating Entrepreneurs program
London, 1 April 2016
EY has selected five high-potential technology start-up entrepreneurs from across Europe to take part in the European Accelerating Entrepreneurs program.

While global response to BEPS is cautious, Europe is increasingly leading the drive toward implementation
London, 23 March 2016
Most countries globally are moving cautiously in their response to the G20/OECD’s Base Erosion and Profit Shifting (BEPS) project, with Europe setting the precedent for tax reform.

Global IPO volume down in first quarter as issuers wait for market conditions to improve
London, 22 March 2016
Global IPO activity slowed significantly in Q1 2016 with a total of 167 deals raising just US$12.1b according to the quarterly EY Global IPO Trends: 2016 1Q.

EY opens four new Centers of Excellence to help companies accelerate business performance and digital transformation
Singapore, 15 March 2016
EY has launched four new Centers of Excellence (CoE) to provide innovative services in digital business transformation strategy, cybersecurity, analytics and manufacturing to companies in the Asia-Pacific region.

Sixteen women selected to participate in 2016 EY Entrepreneurial Winning Women Asia-Pacific program
Hong Kong, 7 March 2016
EY announces the 16 women entrepreneurs selected to take part in its EY Entrepreneurial Winning Women (EWW) Asia-Pacific program. The Entrepreneurial Winning Women Asia-Pacific Class of 2016 includes women from Australia, China, Indonesia, Malaysia and South Korea, and for the first time, the Philippines, Thailand and Vietnam.

Number of women in power and utilities board positions rises just 1% in last three years
London, 7 March 2016
Gender parity progress is painfully slow in the global power and utilities sector with the number of women in board positions rising just 1% in the last three years, according to EY’s annual Women in Power and Utilities Index 2016 (Index).

Retailers should focus on in-store technologies to make experience more seamless, says new study
New York, 2 March 2016
According to a new executive briefing developed by Forbes Insights, in cooperation with EY, "Closing the Loop: The Last 1,000 Feet of the Shopping Experience,” the majority of retailers believe they provide a seamless experience across all channels, yet they are not always taking the last 1,000 feet—the physical space a customer must traverse to make an in-store purchase—into consideration.

New risks for business as indirect tax regimes sweep the globe
London, 1 March 2016
More countries than ever are adopting indirect tax regimes as they respond to revenue shortfalls and digital innovation, according to EY’s Indirect Tax in 2016 – an in-depth review of indirect tax developments and trends across more than 100 jurisdictions.

February 2016

World’s largest economies are lagging behind in developing female leaders
London, 25 February 2016
As the ‘Pledge For Parity’ sponsor for International Women’s Day (IWD) 2016, EY reaffirms its commitment to accelerating women’s advancement and calls for individuals and companies to move from talk to purposeful action in achieving gender parity.

EY and IWF announce 2016 list of elite female athletes to participate in its Women Athletes Business Network Mentoring Program
London, 18 February 2016
EY’s Women Athletes Business Network (WABN) has announced the 2016 roster of elite female athletes selected for a year-long mentoring program providing them with tailored support as they transition from sports into other professional careers.

CFOs concerned about effectiveness of corporate reporting
London, 18 February 2016
CFOs are losing confidence in corporate reporting and its effectiveness, as pressure from audit committees, the complexity of implementing new reporting requirements and reporting overload affect performance, according to the annual survey by EY’s Financial Accounting and Advisory Services (FAAS), Are you prepared for corporate reporting’s perfect storm?

Deal value hits six-year high as utilities seek growth through renewables and cross-sector convergence
London, 18 February 2016
Global power and utilities transaction activity maintained momentum in the fourth quarter with deal value ending 2015 up 13% from 2014 at US$200b — a six-year high, according to EY’s Power transactions and trends: 2015 review and 2016 outlook.

EY named an ALM Intelligence Vanguard leader in insurance customer relationship and life and annuities consulting
London, 17 February 2016
ALM Intelligence, previously known as Kennedy Consulting Research & Advisory, has recognized EY as a leading provider of insurance consulting services globally.

EY launches 2016 program to support European fast-growth technology entrepreneurs
London, 11 February 2016
EY has launched the 2016 EY Accelerating Entrepreneurs program in Europe, which gives high-potential, fast-growth technology startups from across the continent access to support to help scale their businesses.

EY announces new Area Managing Partner for Japan
London, 10 February 2016
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.

EY appoints Raj Apte as Head of Restructuring for Central and Southeast Europe
Budapest, 10 February 2016
Raj Apte has been appointed EY’s Head of Restructuring for Central and Southeast Europe (CSE), with immediate effect.

EY receives two SAP Partner Excellence Awards 2016
London, 9 February 2016
EY is pleased to announce that it has received two SAP Partner Excellence Awards 2016 from SAP.

EY announces its EY Synapse Analytics-as-a-Service platform to accelerate delivery of analytics-driven insights to businesses globally
New York, 8 February 2016
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 to compete and operate more effectively.

Distress and divestments to dominate mining deals in 2016
London, 4 February 2016
Financial distress among mining and metals companies will shape merger and acquisition (M&A) activity in the sector in 2016, with divestments expected to pick up pace on the back of volatility and uncertainty on the timing of a recovery, according to a new EY report released today.

Industry distress to fuel oil and gas transaction activity as crude price dives
London, 1 February 2016
More oil and gas companies are expected to succumb to stress in the sector, which will drive transactions in 2016, after global deal volume and value fell short of expectations in 2015, dropping by 33% and 17% respectively year-on-year.

January 2016

Private equity funds and investors view data and digital solutions as the keys to winning the regulatory and reporting game
New York, 27 January 2016
Private equity CFOs are facing wide-ranging reporting demands from regulators and investors in the years since the financial crisis, leading finance teams to search for better data management and technology solutions, according to Disruption: seismic shifts in the private equity industry, EY’s 2016 global private equity fund and investor survey.

Tech megadeals rise in 4Q15, driving 2015 to all-time value record
New York, 27 January 2016
The fourth quarter of 2015 concluded a year of multiple global technology deal-making records, meaning that 2015 set a new all-time high for annual tech M&A aggregate value, surpassing the previously set record in 2000, according to EY’s Global technology M&A report: October-December 2015 first look.

Divestment appetite more than doubles in 2016 with companies funding growth through strategic sales
London, 26 January 2016
Divestments are top of mind in corporates’ capital agenda strategy this year as companies seek to extract maximum value from strategic sales, according to EY’s 2016 Global Corporate Divestment Study, Learning from private equity: experts at extracting hidden value, an annual survey of corporate and private equity executives.

EY Vantage Program expands to help more high-impact entrepreneurs around the world
London, January 20 2016
In EY’s current financial year , the program will have increased its support to high-impact entrepreneurs by 50% compared to the previous financial year, working in new geographies such as Indonesia and Pakistan, along with new cities in South American countries.

EY recognized for its knowledge services
New York, 20 January 2016
EY is pleased to announce that it has been recognized as a recipient of the Global Most Admired Knowledge Enterprise (MAKE) award, ranking among the world's 20 leading organizations for turning internal information into business value.

Significant increase in risk from cyber breaches and insider threats among top drivers of investment in forensic data analytics
London, 20 January 2016
Cyber breaches and insider threats, which include malicious insiders stealing, manipulating or destroying data, are the fastest-growing risks according to executives and is driving investment in forensic data analytics (FDA), finds EY’s 2016 Global Forensic Data Analytics Survey, Shifting into high gear: mitigating risks and demonstrating returns.

Sub-Saharan Africa becomes increasingly attractive to insurers
London, 13 January 2016
Zambia, Ghana and Kenya will offer the most attractive mix of rewards and risk for insurers over the next three years, and other Sub-Saharan markets will present new opportunities due to sustainable economic expansion and demographic transformation, according to the EY report Waves of change: revisited — insurance opportunities in Sub-Saharan Africa.

International Accounting Standards Board issues a new leases standard that will affect nearly all companies – EY comments
London, 13 January 2016
The International Accounting Standards Board (IASB) today issued its leases standard that will require lessees to recognise all leases on their balance sheets, with certain exemptions. This will have the most impact on entities that have significant operating leases today, such as lessees of real estate, large equipment and machinery, and transportation vehicles.

Biopharma M&A soars in 2015: Is this the new normal?
San Francisco, 11 January 2016
Mergers and acquisitions (M&A) in the biopharmaceutical industry skyrocketed in 2015, with the value of 2015 announced deals totalling more than US$300b, a new record for the industry, according to EY’s Firepower Index and Growth Gap Report 2016, released today.

EY kicks off Hollywood awards season, finalizing the results of the 73rd annual Golden Globe Awards®
Los Angeles, 6 January 2016
The Hollywood award season is back. For the 43rd consecutive year, EY will oversee the voting process for the Hollywood Foreign Press Association’s Golden Globe Awards®.

EY awards US$1m to winners of its global Better begins with you recognition program
London, 4 January 2016
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 better working world – to life.