Ernst and Young has announced 16.2 per cent growth in revenues from its worldwide operations .
The firm revealed its global revenue for the 12 months ending June 30th 2008 totalled $24.5 billion (£14.13bn), up $3.4 billion (£2bn) from the same period in 2007.
The financial services giant attributed the growth to both the introduction of new clients and services and investments in emerging markets .
Ernst and Young global chairman, James S. Turley said 2008 was an "important year" for the Big 4 firm .
Over the course of the last 9 months the company has integrated new practises, mainly across Asia, which according to Mr Turley has helped to consolidate the firm as a "globally integrated professional services organisation".
"I am confident they will provide greater opportunities for our people to achieve their potential as well as provide seamless service for our clients," he added.
Ernst And Young Report GBP14 Billion Rise In Global Revenues
Tue, 14 Oct 2008
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