Merlin Entertainments chose London over New York for its upcoming IPO. After deciding against a market debut in New York, Blackstone Group LP, CVC Capital Partners Ltd.
Investment banks
Bill to separate traditional and investment banking to be reintroduced
US senators have announced a plan to reintroduce Glass-Steagall Act. U. S. Senator Elizabeth Warren, a Massachusetts Democrat, reported she and a team of lawmakers are introducing a bill geared at a revived Glass-Steagall Act.
SEC implements JOBS Act
The US Securities and Exchange Commission, hoping for increased investor mobility, voted for the implementation of the JOBS Act.
JPMorgan and Wells Fargo in Bond Selloff
JPMorgan and Wells Fargo let go bonds worth around US$38 billion. JPMorgan Chase & Co. and Wells Fargo got back around US$38 billion of their riskiest investments in the first quarter as an increase in trading activity persuaded them the assets were easier and more simple to value.
MiX Telematics announces IPO plans
MiX Telematics announced its IPO plans and wants to hit big. MiX Telematics aims to hit big in its market debut amid a hospitable atmosphere among cloud tech venture companies.
Latest News
A shareholder of OGX asked a Rio court to freeze transactions of firms related to Eike Batista A shareholder of OGX Petroleo & Gas Participacoes requested a Rio de Janeiro court to freeze asset sales and payments to firms linked with billionaire controller Eike Batista.
The Association of British Insurers lobbied for stronger controls in UK's corporate governance system.
Santander Consumer released plans to raise US$50 million in its IPO. The lender behind Chrysler Capital, Santander Consumer USA, released a plan to raise at least US$50 million in an initial public offering, according to official papers filed with the U.
Ally Financial, preparing for its IPO, has dropped JPMorgan from its list of underwriters. The removal of JPMorgan Chase & Co. , from the list of underwriters for its planned initial public offering of Ally Financial Inc.
JPMorgan have started buying South Korean Equities due to their current valuations. JPMorgan Asset Management and Charlemagne Capital Ltd. have started to buy South Korean equities after they are said to be at their lowest valuations since 2009.
The EIB announced today that it will invest Lithuania's LNG project. The European Investment Bank announced today that it would make investments on Lithuania.
YES Bank is close to securing additional capital funds. YES Bank in a plan to raise around US$500 million would be selling close to 10% equity to two separate private equity investor groups.
US stocks rose for a third consecutive day yesterday. US stocks have risen for a third consecutive day as investors eagerly await the start of second-quarter earnings season amid news of euro-area finance ministers approving the aid for Greece.
CFR Pharmaceuticals has embarked on a South African road show starting June 08. Chilean generic drug producer CFR Pharmaceuticals has embarked on a South African road show starting June 08.
