A world of opportunity - Ernst & Young - Switzerland

Ernst & Young Monthly News June 2010

Media

Study: Rise in global fraud triggers serious liability concerns amongst global boards

(News release, English, HTML)

19 May 2010 – The Ernst & Young 11^th Global Fraud Survey reveals that in the aftermath of the financial crisis of the last two years, companies are slowly returning to growth. Often, a growth strategy involves expansion into new markets and new countries which can entail potential fraud, bribery and corruption risks.

Study: Swiss M&A market continued to stabilize in first Quarter of 2010

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29 April 2010 – Swiss M&A activity in terms of transaction volume increased by approximately 50 per cent to over 11 billion US Dollar in the first quarter of 2010 compared to the first quarter of 2009. However, the number of Swiss M&A deals declined by more than 30 per cent year-over-year in the first quarter of 2010, according to Ernst & Young’s Mergers and Acquisitions Quarterly Switzerland.

Study: Biotech industry showing resilience despite challenging conditions

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28 April 2010 – The global biotechnology industry was able to weather the continued worldwide economic turmoil and deliver a strong financial performance in 2009, with the world’s established biotech centers reaching profitability for the first time in history. However, the gap between the “haves” and “have nots” in the industry continued to widen in 2009, posing new challenges for emerging companies in accessing the capital needed for R&D.