PracticeAccounting FirmsCorporate finance outlook bright, say Big Four

Corporate finance outlook bright, say Big Four

The latest corporate finance league tables, produced by business information provider mergermarket.com, revealed that the Big Four dominated the volume of deals advised in Europe during 2004. And their corporate finance chiefs expect the volume to increase in 2005.

Link: Accountants lead recruitment recovery

Jonathan Franklin, E&Y partner and head of M&A, said there was a robust level of private equity transactions, a strong area for E&Y.

‘We don’t see the market contracting, either because private equity work will continue or mergers and acquisitions work will increase.’

But Franklin confirmed that recruitment pressures on professional services firms was an issue, especially when young corporate finance staff moved on to investment banks.

Deloitte partner Maghsoud Einollahi said that while it was difficult to recruit experienced staff into corporate finance, the problem should be ‘no bigger’ in 2005 than before, and should not stop the firm from improving its performance.

KPMG head of corporate finance Guy Warrington said: ‘Investment banks will continue to put resources at the larger end of transactions, so I predict continuing success.’

See www.mergermarket.com for more.

Related Articles

Productive accountancy firms lead the way

Accounting Firms Productive accountancy firms lead the way

15h Simon Adcock, HSBC
LLPs in Top 50+50: Will LLPs continue to be the preferred set-up?

Accounting Firms LLPs in Top 50+50: Will LLPs continue to be the preferred set-up?

2d Fergus Payne, Lewis Silkin
BDO’s global revenues pass $8bn

Accounting Firms BDO’s global revenues pass $8bn

1w Alia Shoaib, Reporter
Top 40 International Networks, Associations and Alliances: Finding growth amid uncertainty

Accounting Firms Top 40 International Networks, Associations and Alliances: Finding growth amid uncertainty

1w Philip Smith, Reporter
Top 40 International Networks, Associations and Alliances 2017: Big Four tussle for top spot

Accounting Firms Top 40 International Networks, Associations and Alliances 2017: Big Four tussle for top spot

2w Emma Smith, Managing Editor
BDO reports revenue growth of 5.7%

Accounting Firms BDO reports revenue growth of 5.7%

2w Alia Shoaib, Reporter
Taylorcocks announces merger with Surrey firm

Accounting Firms Taylorcocks announces merger with Surrey firm

2w Emma Smith, Managing Editor
Kingston Smith reports 7% gender pay gap

Accounting Firms Kingston Smith reports 7% gender pay gap

3w Emma Smith, Managing Editor