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Good morning from the Financial Times. Today is Wednesday, June 1st.

And this is your FT News Briefing.

The head of EY's US operations is leaving. Now we have some clues about why.

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autocratic prime minister Victor Orban. A Mark Filipino and here's the news you need to start your day.

Sources tell the FT that EY's US boss Kelly Greer left the big four accounting firm after

dispute among executives. Greer is the first woman to lead EY in the US.

The FT's accountancy correspondent Michael O'Dwyer says Greer announced her departure

after clashing with EY's global boss over how much power the US business should have over the

global firm. EY like the other big four firms is a global business but it's actually structured

as many many individual national member firms each with their own interests.

But 40% of the revenues of its 40 billion annual revenues are out of the US.

So there's an outsized influence already in the US and there's a feeling from Greer

according to the people we've spoken to that it should have a greater say.

There was also a disagreement between the pair about how much money

the US firm should have to pay into the center.

This high level departure comes as EY is looking at a public listing or partial sale of its

...