By Brooke Masters in London Eighteen months ago, the City was riding high. Companies flocked from across the world to take advantage of London’s principles-based regulation and wide investor base. Initial public offerings...
By Brooke Masters and Robin Wigglesworth EFG-Hermes, the biggest publicly traded Gulf investment bank, will buy a 10 per cent stake in British stockbroker Panmure Gordon. The decision by EFG-Hermes to pay 47p a share in cash,...
By Brooke Masters in New York and Jeremy Grant in London GFI Group and Tullett Prebon (LSE: TLPR.L - news) are in talks about a combination of the two businesses to create the world's second-largest inter-dealer broker by...
By Pan Kwan Yuk and Brooke MastersCollins Stewart could soon find itself under foreign ownership after the UK stockbroker revealed it had received a preliminary approach. It would not identify the potential buyer and warned...
By Brooke Masters in New York and Jeremy Grant in London GFI Group and Tullett Prebon are in talks about a combination of the two businesses to create the world’s second-largest inter-dealer broker by revenues, the two firms...
By Brooke Masters in New York and Jeremy Grant in London GFI Group and Tullett Prebon are in talks about a combination of the two businesses to create the world’s second-largest inter-dealer broker by revenues, the two firms...
By Maggie Urry and Brooke Masters Tougher conditions in the jobs market – particularly in the UK financial sector – caused a slowing of profits growth at Michael Page International, the specialist recruitment group. “Financial...
When the credit crunch hit last summer, the UK recruitment sector was one of the first to feel the wrath of investors. Share prices in Hays and SThree fell between 35 and 50 per cent between August and January, with the share...
By Brooke Masters and Maggie Urry When the credit crunch hit last summer, the UK recruitment sector was one of the first to feel the wrath of investors. Share prices in Hays (LSE: ) fell between 35 and 50 per cent between...