Search Results for: Ernst
ABB to propose KPMG as external auditor from 2018
May 22nd, 2017
ABB announced today that its Board intends to appoint KPMG as its external auditor effective for the financial year 2018. This decision was taken following a year-long comprehensive external auditor tender process initiated in 2016 in line with international good governance practices. The proposal is subject to shareholder approval at ABB’s 2018 Annual General Meeting. Ernst & ...
Oil drops on rising U.S. crude inventories, defies expected supply cut extension
May 17th, 2017
Oil prices fell on Wednesday after data showed an increase in U.S. crude inventories, stoking concerns that markets remain oversupplied despite efforts by top producers Saudi Arabia and Russia to extend output cuts. Brent crude was down 41 cents, ...
Oil prices continue slide; WTI nearing six-month low as supply glut weighs
May 5th, 2017
Oil prices fell by as much as a further 3 percent on Friday, after prices had crashed to five-month lows in the previous session, as concerns about global oversupply wiped out all of the price gains since OPEC’s move ...
Broadridge appoints new President of Investment Management Solutions
May 2nd, 2017
Broadridge Financial Solutions, Inc. (NYSE:BR)announced today that it has appointed Eric Bernstein as President of Broadridge Investment Management Solutions. Broadridge Investment Management Solutions supports more than 225 global hedge funds, asset managers, family offices, fund administrators and prime brokers. ...
Toshiba Is Replacing Its Auditor PwC Over Irreconcilable Differences
April 26th, 2017
Toshiba Corp (TOSBF, +1.24%) has decided to replace its auditor after less than a year as the troubled electronics conglomerate struggles to win its approval on full-year financial statement, the Nikkei business daily reported. Earlier this month, the company ...
DTCC names four new members to Board of Directors
April 25th, 2017
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that four new members have been elected to its Board of Directors. The new directors are Michael Herskovitz, Director ...
Accounting firms employ robots in their offices
April 20th, 2017
Robotic software sweeping large accounting firms and clients While it doesn’t shoot lasers or clean her Minneapolis office Roomba-style, her “bot” can do some of her digital data dirty work so she doesn’t have to. “I don’t want to ...
Moscow Exchange has successfully undergone an annual assurance review
March 27th, 2017
Moscow Exchange announced that it has successfully undergone an annual assurance review of compliance of the MOEX indices with the IOSCO Principles for Financial Benchmarks. Ernst & Young that had been engaged to complete the review affirmed that index ...
Oil prices drop on rise in U.S. drilling
March 20th, 2017
Oil prices fell on Monday as rising U.S. drilling activity and steady supplies from OPEC countries despite touted production cuts pressured already-bloated markets. Prices for benchmark Brent crude futures were 29 cents, or 0.56 percent, below their last settlement ...
Oil prices extend gains after drop in U.S. stockpiles
March 16th, 2017
Crude oil prices rose on Thursday to extend gains from the previous session after official government data showed U.S. stockpiles had eased from record highs. Prices surged on Wednesday after a slew of market reports and official data offered ...
