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Alvarez & Marsal’s Europe boss ready ‘to take advantage’ of the Big Four’s challenges amid EY split talks

Alvarez says his firm wants to take ‘high margin, high rates’ business away from the Big Four — pointing to areas such as restructuring, transactional services and private equity

Tony Alvarez III said the competitive threat that firms like Alvarez pose to the Big Four is one factor driving their potential breakup
Tony Alvarez III said the competitive threat that firms like Alvarez pose to the Big Four is one factor driving their potential breakup

Whatever the results of EY’s potential spin-off of its audit business, Tony Alvarez III says his firm stands to benefit.

“Even if it does work out, it is still going to lead to disruption. And we think that that’s going to be very beneficial to us,” says Alvarez & Marsal’s European boss.

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