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Never mind that your desk had a great year, writes Craig. When it comes to getting paid, the future makes a stronger argument than the past
Top 25 shareholders and new investors participate in previously delayed offering, but some shares left over after subscriptions closed
Undisclosed institutional shareholder sells stake in Wednesday evening ABB
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Aviva has opened a goodwill payment programme for investors who lost money by selling its preference shares after it said it could cancel the securities at par. This follows anger among many holders of the asset class over that announcement.
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India’s HDFC Bank has raised $2.22bn through a qualified institutional placement and a concurrent sale of American Depository Shares (ADS).
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CreditAccess Grameen is poised to raise Rp11bn ($165m) from its IPO in India, which will kick off next Wednesday.
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The UK government is completely mishandling Brexit and its abandonment of financial services in negotiations has cast a cloud over the City. The government must now fix the situation via the most pragmatic Brexit possible — a bid to remain in the European Economic Area (EEA).
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Bank of America Merrill Lynch has bolstered its EMEA equities division with a string of new hires, including four new managing directors.
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Ferd Invest sold a stake in Petroleum Geo-Services, the Norwegian company that provides surface imaging to oil and gas exploration companies, on Monday night after the stock rallied due to higher oil prices over the past 12 months.
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