Ernst & Young Monthly News March 2009
Media
(Media release, HTML, English)
ZURICH, March 5, 2009 – The international financial and economic crisis is now affecting medium-sized businesses in Switzerland.
Companies not only expect a deterioration in their circumstances but also plan to cut back on their investments and employ fewer
staff. Most medium-sized businesses in Switzerland are expected to even start reducing their workforces. These are the findings of
the "Medium-sized business barometer 2009" conducted by professional services company Ernst & Young Switzerland. The study is based on the
responses of 700 medium-sized businesses in Switzerland to a survey conducted in February 2009.
(Media release, HTML, English)
ZURICH/LONDON, 25 February 2009 – With the increasing importance placed by regulators on fair value measurements, it is interesting
to note that clearly identified intangible assets, such as brands, represented on average just 23% of enterprise value, while 47%
of enterprise value was ascribed to “goodwill” in recent corporate transactions surveyed for a report by Ernst & Young.
(Media release, HTML, English)
ZURICH/LONDON, 17 February 2009 - The European insurance industry is expected to continue to grow this year albeit at a slower
pace than previous years, according to Ernst & Young in its 2009 outlook.
(Media release, HTML, English)
ZURICH/LONDON, 16 FEBRUARY 2009 – The Ernst & Young report “Opportunities in Adversity” highlights how nearly 350 major global corporates –
including 8 Swiss companies – are adapting their business strategies to a deep international recession and how their key priorities
are evolving for the next 12 months.
(Media release, HTML, English)
ZURICH/LONDON, 12 FEBRUARY 2009 – The Ernst & Young 2008 Global Information Security Survey shows that a growing number of organizations are
recognizing the link between information security and a strong brand and reputation.