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Trade bodies speak out against push to drive equity trading on to lit markets
Shares trade 8% above offer price as shipping company completes second listing
TX Group and SMG absorb almost 60% of block as insurer cuts holding to 11.8%
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US and European stocks rallied this week, recovering some of the losses suffered during the worst equity market sell-off since the 2008 financial crisis, but investors are not ready to pile back into the market yet, fearful of the spread of the Covid-19 coronavirus in the United States.
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GlobalCapital is pleased to reveal the winners and nominees of its 2019 Equity Capital Markets Awards.
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Kunal Gandhi, who left Barclays last year, has joined Fenchurch Advisory Partners.
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HSBC entered Europe’s top three in the equity-linked league tables in 2019, capping a multi-year rise with a series of firsts and eye-catching deals.
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For consistency and execution, Société Générale is GlobalCapital’s best bank for equity capital markets in France and Benelux.
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Singapore’s flag carrier is planning to raise S$8.8bn ($6.16bn) from a concurrent rights issue and sale of convertible bonds to help stem crippling losses driven by the Covid-19 coronavirus.
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