Insurance entrepreneur Clive Cowdery had secured £600m (€691m) ... There were two large orders of £80m placed ... A second banker said this morning: "There is ... The initial public offering will be the largest ... The order book is mainly made up of ... Pension fund managers M&G, Standard Life, Legal and...
UK corporate brokers could face unfair competition from ... Oliver Hemsley, chief executive of Numis, said that ... One example is Hoare Govett, the corporate broking ... "There could be a serious competitive issue in ... There has also been market speculation that Lloyds...
Independent bank and stockbroker Numis has hired 12 ... Since September 30, there have been two new ... Herecles Economides, has joined Numis as a managing ... Tim Rowntree has been hired as a managing ... Marcus Chorley joins the company on December 10 ... Mark Landa has been hired as a director...
The European Commission is adamant the credit crunch ... Speaking at a securities industry conference in London ... He said: “The post-trade sector is in flux. ... Investors wishing to clear and settle securities transactions ... Last year, the EC’s markets in financial instruments...
Hedge fund RWC Partners is to launch a ... Convertible bonds are securities that offer investors the ... The UBS European Convertible Bond Index fell by ... Peter Harrison, chief executive of RWC Partners, said: ... He said that the implied default rates on ... Convertible bond arbitrage funds, which buy a convertible...
The Financial Services Authority has proposed the creation ... Under the proposals, UK listings would be clearly ... There were concerns that secondary or global depositary ... Sally Dewar, FSA managing director of wholesale and ... Premium listings will have to meet the UK’s...
The UK Financial Services Authority has proposed the ... Under the proposals, UK listings would be clearly ... There were concerns that secondary or global depositary ... Sally Dewar, FSA managing director of wholesale and ... Premium listings will have to meet the UK’s...
Hedge fund RWC Partners is to launch a ... Convertible bonds are securities that offer investors the ... The UBS European Convertible Bond Index fell by ... Peter Harrison, chief executive of RWC Partners, said: ... He said that the implied default rates on ... Convertible bond arbitrage funds, which buy a convertible...
European financial institutions are set to raise $44bn ... Banks are expected to raise $38bn in November ... Merrill Lynch is on track to be named ... The largest of these is the £19.7bn (€23.6bn) ... Merrill is also jointly working on the $2.2bn ... The deals will give Merrill an $11.5bn share...
Renaissance Capital has been appointed to co-manage the ... The Kazakh government said Rencap had been hired ... The DAF will provide support to Kazakhstan’s troubled ... Rencap and Samruk-Kaznya, which was set up recently ... The mandate comes just over two months after...
Shareholders in Spain's Banco Santander have resoundingly backed ... The was 100% take-up of the offering by ... Santander's shares closed at €6.34 last night after ... The rights issue, which will raise the bank's ... By contrast, RBS announced today that investors bought...
The amount of corporate debt issued next year ... Corporate debt issued in 2009 is estimated to ... Companies are expected to use their cash flow ... At the same time about €120bn of bonds ... The analysts wrote: “The negative net supply may ... The previous worst year for corporate bond issuance...
Companies that cross-list their shares in developed markets ... The research by McKinsey partner Richard Dobbs and ... The findings are published in an article titled ... First, the research dismisses the claim that a ... The argument that a cross-listing increased analyst coverage...
Companies that cross-list their shares in developed markets ... The research by McKinsey partner Richard Dobbs and ... The findings are published in an article titled ... First, the research dismisses the claim that a ... The argument that a cross-listing increased analyst coverage...
Nomura, the Japanese bank that last month took ... David Bizer will lead the new-look bank's global ... Bizer was previously head of fixed-income sales for ... Based in London, Bizer will report to Georges ... Sadeq Sayeed, Nomura's chief negotiator on the Lehman ... Most recently, Nomura recruited an 18-strong former Lehman...
Banks managing the €6.4bn ($8.2bn) rights issue for ... BNP Paribas, Deutsche Bank and JP Morgan, which ... The three banks had faced being left with ... The bookrunners declined to comment. ... The two core shareholders Eugénie Patri Sébastien and ... The rights issue is offered at a 45%...
Nomura, the Japanese bank that last month took ... David Bizer will lead the new-look bank's global ... Bizer was previously head of fixed-income sales for ... Based in London, Bizer will report to Georges ... Sadeq Sayeed, Nomura's chief negotiator on the Lehman ... Most recently, Nomura recruited an 18-strong former Lehman...
Citigroup will have to pay an annual cost ... Citigroup yesterday announced the terms of the US ... The bailout will cost the bank over $2bn ... This means that annual servicing costs have hit ... Preferred shares issued by Citigroup to the US ... These costs come on top of the $1.7bn...
Citigroup will have to pay an annual cost ... Citigroup yesterday announced the terms of the US ... In return for a $20bn capital injection in ... Preferred shares issued by Citigroup to the US ... This cost comes on top of the $1.7bn ... In January, a group of investors including the...