Labour candidate’s collapsed FX firm set to leave customers £13m out of pocket July 3, 2024 Customers of the collapsed payments firm owned by Labour candidate Rajesh Agrawal are set to recover as little as ten per cent of the £15m they lost when it folded into administration last year, administrators have revealed.
Sajid Javid set to join $42bn investment firm Centricus July 2, 2024 Sajid Javid is set to join asset management and private equity giant Centricus as a partner next week as he exits parliament after the election, the company has announced.
Private fund manager Mercia gears up for boost from Mansion House Compact July 2, 2024 Mercia Asset Management has said it plans to reclassify as a trading company and cease to be an investing company as the firm focuses on its profitable funds under management.
‘The jack is out of the box’: London-listed firms picked off as UK dealmaking springs to life July 1, 2024 A raid on London listed firms has accelerated in the opening months of the year as cashed up corporate buyers take advantage of a perceived valuation gap on London’s markets, new figures have revealed.
Panmure Liberum adds two new units and names top team after merger July 1, 2024 Panmure Liberum has launched two new divisions and confirmed its executive team after the completion of the landmark merger between two of the City's leading brokers.
Apax X sells stake in Spanish real estate platform to private equity firm Cinven July 1, 2024 The Apax X Fund, backed by investment trust Apax Global Alpha (AGA), has sold its minority stake in idealista, a Spanish online real estate classifieds platform, to private equity firm Cinven.
Meet the fund managers: Buying bonds in an election year July 1, 2024 Alex Ralph, fund manager of Nedgroup’s Global Strategic Bond Fund, talks about buying bonds in an election year and her biggest mistake.
3i Group: Dutch supermarket Action continues strong performance June 27, 2024 3i Group, the country's largest investment trust, has reported its main holding Action has "continued to perform strongly".
Regional REIT launches £110.5m capital raising to stave off bankruptcy June 27, 2024 Regional REIT has laid out plans to raise around £110.5m from a new share offer.
Labour candidate’s failed FX firm held £2.7m for company embroiled in bribery scandal June 27, 2024 The collapsed foreign exchange (FX) firm owned by Labour candidate and former deputy mayor of London, Rajesh Agrawal, was holding millions of pounds in cash for a Maltese company linked with a bribery scheme, City A.M. can reveal.