UBS Sticks with EY as Auditor Amid Credit Suisse Takeover: Financial Times

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Source: Reuters
UBS Sticks with EY as Auditor Amid Credit Suisse Takeover: Financial Times
Photo: Reuters
TL;DR Summary

UBS Group has decided to retain EY as its external auditor and expand its role to include Credit Suisse's accounts from 2024. PwC, which has been Credit Suisse's auditor since 2020, will audit the acquired bank's accounts for 2023. The contract size will require EY to bring in staff from other countries to work on the audit.

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