EY says its US executive committee has decided not to move forward with a plan to split the company and, given the importance of the US partners to the plan, “we are stopping work on the project”.
The plan, called Project Everest, would have split the firm into separate auditing and consulting businesses.
Loading...
Timothy Moore writes on equities, commodities and monetary policy. He writes Before the Bell and contributes to the Markets Live blog. Connect with Timothy on Twitter. Email Timothy at timothy.moore@afr.com
