equity
Top StoriesRussian Central Bank Gives Legal Entities Green Light to Trade Foreign Shares
Top StoriesCEO Blume Hails ‘historic Moment’ as Porsche Ag Lists on Frankfurt Exchange
Top StoriesPrivate Equity Funds Approach Italy’s Serie a to Explore Media Rights Deal -Sources
Top StoriesPorsche’s Blockbuster IPO Is No ‘gamechanger’ for Europe’s Battered Markets
Closing the Financial Equity Gap: Why All Banking Should Be Done in the U.S.
Date: September 26, 2022
By Sankaet Pathak, CEO & Founder, Synapse Sparked by the COVID-19 pandemic, consumer preferences for financial services around the world have seen a significant shift to digital and online. We have also seen other forms of currency, or stores of value, such as cryptocurrency and NFTs enter the mainstream. In fact, according to McKinsey, over...
Iberdrola Hires Barclays to Sell Stake in Spanish Renewable Portfolio, Expansion Says
Date: September 26, 2022
MADRID (Reuters) – Spanish power company Iberdrola hired Barclays’ investment bank to sell up to 49% in a portfolio of Spanish renewable power projects, Expansion newspaper reported on Monday, citing unidentified market sources. Iberdrola is considering selling a stake in a series of wind and solar power projects, most of them still in development, with...
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...
Swiss Bank Ubp Returns to Chinese Markets
Date: September 23, 2022
By Summer Zhen HONG KONG (Reuters) – Swiss private bank Union Bancaire Privée (UBP) is back in Chinese markets, its chief investment officer said, making its way back to the world’s second-largest economy after withdrawing last year. UBP has more than $150 billion of assets. It returned to China in August after having exited all...
UK’s Sainsbury’s in Talks to Sell Stores Worth 500 Million Stg
Date: September 21, 2022
LONDON (Reuters) -British supermarket group Sainsbury’s is in talks to sell 18 stores in southern England to property investor LXi REIT for about 500 million pounds ($568 million). Both companies said on Wednesday they were discussing a sale and leaseback deal. LXi REIT said it would seek to fund the deal through a mix of...
Demand for Porsche Ag Listing Strong as Retail Investor Subscription Period Begins
Date: September 20, 2022
BERLIN (Reuters) -The books for Volkswagen’s hotly anticipated initial public offering of Porsche AG are covered multiple times on the full size of the deal, a bookrunner involved in the listing said on Tuesday. Indicated demand for the listing, due to take place on Sept. 29 at the Frankfurt Stock Exchange, exceeds the full deal...