Europe
-
-
-
-
-
Jefferies has boosted its high yield trading business in London with the hire of a senior trader from Societe Generale.
-
Tele Columbus, the German cable company, is planning a €240m capital increase with pre-emptive rights to finance acquisitions.
-
Credit Suisse has moved fast to appoint a director in high yield sales at its London office after the retirement from the business of long-serving Emma Balaam.
-
Greece’s largest banks could only muster a collective "no idea" when requested by the Hellenic Capital Markets Commission to inform the public on the likely impact of capital controls.
-
UK chancellor of the exchequer George Osborne picked Monday evening to sell a much-hyped 5.4% block of shares in Royal Bank of Scotland.
-
Bluefield European Solar Fund, perhaps the last prospective issuer on Europe’s IPO market in this otherwise barren summer season, postponed its flotation on Friday, July 31, blaming “unfavourable market conditions”.
-
Holidaying investors and less than ideal market conditions proved no obstacle for three European banks which took orders just shy of $40bn to sell $6.35bn of additional tier one (AT1) debt in four sessions.
-
Spain is often held up as an example of how austerity works, and Markit data published on August 5 provides some support to this view.