Corporate Funding
- Finance
Schroders predicts ‘favourable environment’ for active funds as assets reach new high
Schroders posted a 15% increase in assets under management last year, cementing its position as the UK’s largest listed fund…
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Deliveroo picks London for $7bn IPO
Food delivery company Deliveroo has chosen London for its initial public offering. In a 4 March press release, the firm…
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KPMG UK agrees sale of restructuring business in PE-backed management buyout
KPMG UK has agreed to sell its restructuring unit in a management buyout backed by private equity firm H.I.G. Europe.…
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Deloitte agrees to pay Malaysia $80m to settle 1MDB claims
Accountancy firm Deloitte PLT has agreed to pay the Malaysian government $80m to settle claims relating to its auditing of…
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‘Before Covid, WFH was seen as a day at the golf course’: How the pandemic changed the City forever
On a cold, wet morning on 5 March 2020 around 100 equity research analysts were ushered down a fire escape…
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Chairman of Alibaba’s Ant Group insists IPO is still on the cards
The head of the Chinese fintech company Ant Group, which was prevented from listing in November by the country’s central…
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The record boom in blank-cheque firms could make 2021 the year of the Spac
The boom in special purpose acquisition companies – or Spacs – is set to continue and this year looks on…
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UK IPOs off to best start for 15 years ahead of listings review shake-up
The London Stock Exchange has had its strongest start to a year since 2016 ahead of the publication of a…
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Klarna valued at $31bn after Swedish fintech raises $1bn from funding round
Swedish payments giant Klarna has closed a fresh $1bn financing round, pushing the company’s valuation up to $31bn ahead of…
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Credit Suisse suspends $10bn in funds tied to Greensill
Credit Suisse said it suspended a group of private investment funds tied to supply-chain finance assets created by SoftBank-backed specialty-finance company Greensill…
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Credit Suisse explores ways to reduce links to Greensill Capital over Gupta exposure
Credit Suisse Group is looking at ways to reduce ties to Greensill Capital over concerns about the specialty finance firm’s…
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Trading Places: HSBC’s big shake-up, BofA reshuffles M&A, a brutal bonus season
HSBC has named a number of new senior leaders in Europe, the US and the Middle East as the lender…
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Airbnb lost nearly $4 billion during holiday quarter, but still held up better than online travel rivals
Airbnb Inc., the online-lodging booking platform that executed one of the largest initial public offerings of 2020 despite operating in…
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We need to do more to attract IPOs to London
Let’s be frank with each other: London’s enduring success as a global financial centre reaches well beyond any of the…
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Atom Bank sets sights on IPO by 2023 amid £40m fundraising
British challenger Atom Bank has said it plans to go public within the financial year 2022-23 as it nears profitability…
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Pay slashed for StanChart chief Bill Winters amid missed targets, 40% profit drop
Standard Chartered has announced a dividend and share buyback scheme amid falling profit, along with a cut to the chief executive’s…
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HSBC overhauls debt capital markets as Gabizon exits after 35 years
HSBC has installed new leaders in its European debt capital markets business as one of its senior dealmakers in France…
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Billionaire fund manager Alan Howard takes stake in British bitcoin startup
Billionaire hedge fund mogul Alan Howard and a selection of current and former Goldman Sachs partners are among the backers…
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