PracticeAccounting FirmsE&Y pips rivals for Andersen in the Big Apple

E&Y pips rivals for Andersen in the Big Apple

Ernst & Young has today (Wednesday) pulled off a coup after clinching a deal to acquire splintering firm Andersen's office in New York, the World's financial centre.

The deal will see some 300 professionals, including 40 partners, join Ernst & Young immediately.

Approximately two-thirds of the staff will be assigned to business risk services, real estate, transaction support and advertising industry practices in the New York office, while the remaining third will join E&Y’s financial services business.

Terms of the transaction were not disclosed.

Related Articles

BDO’s global revenues pass $8bn

Accounting Firms BDO’s global revenues pass $8bn

4d 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

7d 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

1w 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

2w Emma Smith, Managing Editor
RSM announces two partner promotions

Accounting Firms RSM announces two partner promotions

3w Emma Smith, Managing Editor
Backsourcing: The latest accountancy trend?

Accounting Firms Backsourcing: The latest accountancy trend?

1m Pillsbury Winthrop Shaw Pittman