For the purpose of background information, Ernst & Young (E&Y) is one of the largest British servicing firms, which have held their prestige in providing service to financial firms and institutions that are residing in the UK Financial Sector. The company has been a part of the “Big Four”, entitled as amongst the top four (4) financial institutions in the United Kingdom, alongside KPMG, Deloitte and PricewaterhouseCoopers (PwC).
Current Situation and Analysis
With the crisis that recently struck the major nations of the world, being coiled under the international financial meltdown, there was serious ...