EY
Coverage of EY in the Nexus archive.
- ‘The brakes failed and they’ve crashed the car’: how the Big Four’s wheels fell off Down Under
Australian operations have become a recurring source of scandal and embarrassment for the Big Four accounting firms: KPMG, PwC, EY, and Deloitte.
- EY sacks graduate employee after he allegedly accessed Australian PM’s bank account
An EY employee was dismissed after he and another man allegedly accessed Australian Prime Minister Anthony Albanese’s personal banking account. The two individuals faced court charges related to the data breach, which occurred while the EY employee was seconded at the Commonwealth Bank.
- An EY leader shares the smartest move she's seen a candidate make
Francesca Jones, EY's US early careers leader, highlighted a candidate who impressed by attending a career fair at a university he didn't attend to connect with EY. The candidate's proactive networking and curiosity aligned with EY's priorities in the AI era, leading to a successful interview process and internship offer.
- Creativity strikes back at the Cannes Lions advertising festival
The 2023 Cannes Lions advertising festival emphasized human creativity over AI, with Chipotle's Fernando Machado criticizing overreliance on optimization tools. A Havas study revealed 84% of brands face consumer indifference, while AXA France won a top award for a campaign addressing domestic violence coverage.
- Execs are warning that EU overregulation is constraining business
Executives from ArcelorMittal and Saudi Arabia’s Public Investment Fund warned that EU overregulation is constraining business, citing emissions trading rules and a restrictive regulatory environment. A 2024 report by Mario Draghi and a 7% decline in EU foreign direct investment in 2025 were cited as evidence of the issue.
- EY's Jad Shimaly on how AI is reshaping business and the workplace
EY executive Jad Shimaly discusses how artificial intelligence is enhancing productivity and transforming recruitment and consulting in businesses. He highlights AI's impact on company operations during an interview at VivaTech in Paris.
- Consulting firms are still hiring entry-level workers even as AI upends their industry. Here's how much they are making.
Consulting firms continue to hire entry-level workers with salaries between $84,000 and $112,000 despite AI-driven industry changes. Firms are prioritizing specialists and candidates from non-traditional backgrounds, though entry-level salaries remain flat.
- EY's AI leader says companies are too focused on AI cost-cutting
EY's Dan Diasio argues companies are overemphasizing AI for cost-cutting and efficiency, advocating instead for growth-focused strategies. He warns that prioritizing cost reduction risks stifling creativity and limits AI's potential ROI, noting that AI tools enhance productivity without eliminating jobs entirely.
- Hong Kong is the best anchor for Chinese firms seeking global waters
China's outward direct investment increased 7% to $174 billion in 2023, with overseas M&A rebounding to $43 billion, a 40% rise. Hong Kong is highlighted as a strategic hub for Chinese firms navigating global markets amid a shift from asset-driven to more strategic outbound investment approaches.