The acquisition of E&Y Corporate Finance LLC, that according to the Wall Street Journal, had been looking to sell for some time, will create a new investment bank called Giuliani Capital Advisers.
GCA will advise companies on deals such as acquisitions and corporate restructuring.
It is not clear how much Giuliani Partners is paying for the practice but in buying the corporate finance business, Giuliani will gain several existing E&Y clients and more than 100 employees in six cities.
Giuliani set up Giuliani Partners in January 2002 after the 9/11 terrorist attacks against New York City.
Mazars has announced the appointment of Michael Tripp as the new head of financial services
A new leader, Darra Singh has been appointed to lead EY’s UK government and public sector practice
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
Revenue and profitability growth in on the rise for CPA firms, found a survey from the American Institute of CPA’s and its subsidiary CPA.com