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Investec Group has cancelled the IPO of its asset management division Ninety One due to extreme market volatility, although the listing and demerger of the unit will still go ahead as planned, according to a stock exchange filing.
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Patrick Porritt has left Credit Suisse, as the bank promotes new faces.
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The coronavirus will depress mergers and acquisitions activity, hurt advisory revenues and change the emphasis of deal-making in 2020, writes David Rothnie.
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One of the internal candidates to become the next permanent head of European M&A at RBC Capital Markets has quit to join a boutique.
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The Yangon Stock Exchange will be open for trading by international investors from March 20, according to an announcement by Myanmar’s securities regulator.
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The flow of money into bonds and equities in emerging markets in February slowed to its lowest level since the 'trade tantrum' last August, amid signs that the spread of the coronavirus has prompted a reassessment of country risk.