PracticeAuditABN AMRO takeover talks bring E&Y out in a sweat

ABN AMRO takeover talks bring E&Y out in a sweat

Ernst & Young is sweating today over the prospect of takeover talks swirling around ABN Amro

The bank’s auditor may be pushed aside in the event of a Barclays takeover,
exclusive talks about which were set to end yesterday. Barclays is audited by
PricewaterhouseCoopers, and would be likely to appoint the largest global firm
in the event of a merger.

Further suitors could also now make plays for ABN. RBS is expected to make a
rival offer in the near future, but key questions remain about the management
structure of the prospective merged company.

For more, go to www.barclays.com

Related Articles

The ‘uncomfortable truth’ behind FRC’s Big Four fines recommendations

Audit The ‘uncomfortable truth’ behind FRC’s Big Four fines recommendations

4d Carl Johnson, Stephensons
BDO holds off Big Four to retain top position as AIM auditor

Audit BDO holds off Big Four to retain top position as AIM auditor

5d Alia Shoaib, Reporter
FRC urged to fine Big Four firms penalties over £10m

Audit FRC urged to fine Big Four firms penalties over £10m

2w Alia Shoaib, Reporter
EY to audit Standard Chartered bank

Audit EY to audit Standard Chartered bank

1m Alia Shoaib, Reporter
KPMG replaces PwC as Croda auditor

Accounting Firms KPMG replaces PwC as Croda auditor

2m Emma Smith, Managing Editor
EY fined £1.8m over Tech Data audit

Accounting Standards EY fined £1.8m over Tech Data audit

2m Emma Smith, Managing Editor
Top 50+50: Firms post significant growth in new tax and audit rankings

Audit Top 50+50: Firms post significant growth in new tax and audit rankings

2m Emma Smith, Managing Editor
FRC closes investigation into PwC over Barclays compliance

Accounting Firms FRC closes investigation into PwC over Barclays compliance

2m Alia Shoaib, Reporter