Another IPO falls and more at risk as market turmoil hits

Andrew Griffin

October 16, 2014 05:45 pm

worried traders — Stock traders checks out a graph showing activity of US interest rates over one year in a business bank, in Paris, Monday, Dec. 12, 2011. Enthusiasm for riskier assets such as stocks and the euro faded Monday as investors worried that Europe's new pact aimed at fixing the continent's debt crisis would be insufficient. (AP Photo/Michel Euler) | Michel Euler/AP/Press Association Images

UK challenger bank Aldermore became the latest victim of plunging stock markets this week, as bankers became increasingly concerned that conditions could leave ECM barren in the coming months and lead to the cancellation of yet more deals. The spotlight has now turned to another challenger bank, Virgin Money.

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Andrew Griffin