capital-markets
Top StoriesMonte Dei Paschi’s M&A Challenge Looms as Share Sale Starts
InvestingWestern Investors Need to Remove the Bias They Didn’t Know They Had
Top StoriesDemand for German, European Union Debt Sales Weakens in Volatile Market
Top StoriesMonte Dei Paschi to Have Underwriting Consortium for Share Sale by Tuesday – Source
Franklin Resources Has 5.7% Adecco Stake – Filing
Date: October 3, 2022
ZURICH (Reuters) – U.S.-based investor Franklin Resources Inc controls a 5.7% voting stake in Swiss staffing group Adecco Group AG, a regulatory filing showed on Monday. “The obligation to notify is due to the fact that Fiduciary Trust Company International now holds a position in Adecco Group AG,” the filing showed, adding the reporting obligation...
China’s Sinopec Intends to De-List ADSs From London Stock Exchange
Date: October 3, 2022
(Reuters) – China Petroleum and Chemical Corp, the world’s biggest oil refiner by capacity, said on Monday it intended to de-list its American Depositary Shares (ADSs) trading on the London Stock Exchange (LSE). The firm, known as Sinopec, said its board had already approved the de-listing of ADSs from the LSE, which are intended to...
Porsche’s Blockbuster IPO Is No ‘gamechanger’ for Europe’s Battered Markets
Date: September 28, 2022
By Lucy Raitano and Andres Gonzalez LONDON (Reuters) – Porsche’s landmark listing is defying market turmoil giving a welcome boost to a battered pipeline of share sales but the deal is unlikely to open the floodgates, bankers and analysts say, with European listings facing their worst year since 2009. As market volatility persists amid Europe’s...
Bank of England Says It Won’t Take ‘risky Bets’ to Help City’s Competitiveness
Date: September 27, 2022
By Huw Jones LONDON (Reuters) – The Bank of England’s new objective of helping the financial sector remain globally competitive should not encourage risky bets on regulatory standards to win business, BoE executive director Victoria Saporta said on Tuesday. Britain wants a “Big Bang 2.0” – a reference to deregulation of the stock market in...
Investors Dump Global Bond and Equity Funds in the Week Ended Sep.21
Date: September 23, 2022
(Reuters) – Investors withdrew money from global bond and equity funds in the week ended September 21, with caution creeping in ahead of the U.S. Federal Reserve meeting in which further rate hikes were expected to tame soaring inflation. Investors exited a net $7.32 billion of global bond funds, marking their biggest weekly net selling...
Exclusive-Credit Suisse Sounds Out Investors About Capital Hike -Sources
Date: September 22, 2022
By Oliver Hirt FRANKFURT (Reuters) -Credit Suisse is sounding out investors for fresh cash, two people familiar with the matter said, approaching them for the fourth time in roughly seven years as it attempts a radical overhaul of its investment bank. The bank started in recent weeks to speak to investors about the move, the...