Accountancy

EY split stalls as US auditors demand concessions

Breakup plan is stalled as US partners seek a bigger piece of lucrative tax business

EY’s renegade US auditors are demanding that the firm examine the financial health of its potential offspring as they block a breakup of the global accounting firm.

Julie Boland, EY’s US chair and managing partner, called for rethinking the split, which has been in the works for more than a year. The US audit partners want a bigger piece of the firm’s lucrative tax business.

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Aviva Takeover of Direct Line Gets Green Light From U.K. Antitrust WatchdogExternal link

Aviva Takeover of Direct Line Gets Green Light From U.K. Antitrust Watchdog