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Both tranches price at the investor-friendly end as cloud company raises to fund expansion
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
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An awful lot of capital and financial market participants are relaxed about Sunday's Italian election, predicting that coalitions and deadlock will remain a staple of Italy's political system. But others urge caution — and hedging — while the going is good for fear that complacency is taking hold, writes Costas Mourselas.
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Italian elections are typically exaggerated and flamboyant affairs with a full cast of colourful, and occasionally repugnant, characters. Investors and banks are right to insist that Italy’s recovery is strong enough to put aside misgivings about the country’s politicians, but they should keep an eye on Sunday’s events regardless.
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Corporate broking professionals are feeling the pinch as European banks have trimmed staff in their UK corporate and investment banking operations.
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UBS’s new head of corporate client solutions in EMEA believes the bank can weather any downturn in FIG revenues and make the running in M&A, writes David Rothnie.
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This weekend’s Italian general election promises to be another mesmerising episode in the soap opera of Italian politics, but equity markets are largely confident that the work done to shore up the Italian banking system will be enough to offset any shock result on Sunday.
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Private equity firm Advent International has agreed to buy UK electronics company Laird for around £1bn, in a purchase that will be financed with debt.
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