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EY global growth is reflected in Bermuda

Financial services firm EY earned nearly $27.5 billion in revenues in its last financial year, the company reported this week.

EY earned $26.4 billion globally — with the Americas area, which includes the Bermuda arm, posting around $11.5 billion in revenue.

EY Bermuda senior partner Pete Cangany said: “The growth the firm is enjoying across all service lines, on a global basis, is reflected here in Bermuda.

“We are very excited about the additions we have made to our local leadership team and the deep industry expertise that we have brought on board to better serve our clients.

“As we look forward to 2015, we will continue to look to invest in both people and solutions.”

The latest figures — for the financial year to the end of June — showed revenues up, in local currency terms, by 6.8 per cent across the world.

Revenues grew by six per cent in US dollars.