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EY Negligently Missed Huge Fraud at Collapsed Hospital Operator, $3B UK Trial Hears

May 20 2025 // EY failed to spot a major fraud by main shareholders of UAE hospital operator NMC Health in what lawyers for the firm’s administrators described as disgraceful auditing, at the start of a roughly $3 billion London...

Probe Into EY India’s Office After Worker’s Death Finds it Lacked Labor Welfare Permit

Sep 25 2024 // An Ernst & Young (EY) office in western India, which employed a 26-year-old who allegedly died after facing a high workload, has operated since 2007 without a state permit which regulates work hours, a senior...

EY, KPMG Benefit Most From PwC China’s Regulatory Woes

Aug 15 2024 // Ernst & Young (EY) and KPMG have snapped up over half of PwC’s corporate clients in China that have fled the market’s leading accounting firm as it faces a regulatory probe, filings show.Chinese authorities...

Germany’s Commerzbank Sues EY for Losses Incurred in Wirecard Collapse

Jan 23 2023 // The German lender Commerzbank is suing accounting firm EY over the 200 million euros ($216.12 million) in losses that it incurred in the collapse of Wirecard, a bank spokesperson said on Thursday. Wirecard’s downfall...

People Moves: WTW’s Hires EY’s Mayers for Commercial Lines Pricing, Underwriting; Hiscox Names Flaquet to Newly Created Role of Group COO

Jun 28 2022 // This edition of International People Moves details appointments at Willis Towers Watson (WTW) and Hiscox.A summary of these new hires follows here. WTW’s Hires EY’s Mayers for Commercial Lines Pricing,...

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