Musk plans 30 per cent retail slice in SpaceX IPO March 27, 2026 Elon Musk is considering allocating up to 30 per cent of SpaceX’s long-awaited IPO to retail investors, in a break from a standard Wall Street practice for what could be one of the biggest listings in years. The proposed structure, which is not yet final, would give individual investors a far larger share of the [...]
Anthropic targets October for mega IPO March 27, 2026 AI giant Anthropic is targeting a listing as early as October, placing itself at the centre of what could become one of the most significant tech IPOs in years. The San Francisco-based company, best known for its Claude chatbot, has begun preliminary discussions with leading Wall Street banks including Goldman Sachs, JPMorgan Chase and Morgan [...]
RAC could jump-start London’s IPO engine with bumper £5bn float March 24, 2026 London’s IPO market could soon come motoring back, led by a bumper £5bn float from RAC as the roadside assistance firm defies market uncertainty to press ahead with its listing plans. The West Midlands-based business, founded in 1897, has reportedly held preliminary meetings with prospective investors and fund managers, in the clearest sign yet that [...]
London IPO market may yet recover in 2026, Peel Hunt says March 19, 2026 The London IPO market could still see a revival before the end of the year, according to City broker Peel Hunt, as a number of blue chip firms wait patiently for geopolitical tensions to die down before firing the starting gun on their own floats. Brian Hanratty, head of equity capital markets at Peel Hunt, [...]
Boku boss: Nasdaq is no ‘silver bullet’ for fintech listings March 17, 2026 The boss of one of the London market’s fastest growing fintech companies has warned flocking to a listing on Wall Street is no “silver bullet” for firms seeking deeper liquidity than what’s on offer in the City. Stuart Neal, the chief executive of Boku, told City AM shifting the firm’s listing across the Atlantic would [...]
Revolut to IPO above $100bn, says former licence boss March 13, 2026 The man who steered Revolut’s pursuit of banking licences in its early stages has said he expects the fintech giant to make its public debut with a price tag north of $100bn. In an exclusive video interview with City AM, Will Mahon-Heap, the former head of international and authorisations at Revolut, said: “I think it [...]
Shawbrook shares dive after profit jump on bullish AI plans March 12, 2026 Shawbrook Bank reported a jump in profit for the last year in its first set of first set of financial results since its landmark IPO in October. The London-listed bank reported a pre-tax profit of £340.5m, up from £293.8m the year prior as costs tumbled and the group’s loan book swelled. Still, the firm’s shares [...]
FTSE 100 Live: Iran war ‘certainly not good’ for UK economy, says Rachel Reeves March 11, 2026 Welcome back to the City AM liveblog for continued coverage of a frenzied week in global markets. The Chancellor has told the Treasury select committee that the ongoing fallout from the Middle east is “certainly not good for the British economy”. Following the “most intense” day of fighting in the region – and just a [...]
Barclays and Aquis launch ‘IPO academy’ in bid to revive small-cap listings March 11, 2026 Aquis has teamed up with Barclays to launch an “IPO academy” in a bid to turn around the dwindling number of small-cap listings in the UK, City AM can reveal. The academy, which is the only programme of its kind run by an exchange in the UK, is intended as an investment in entrepreneurs and [...]
European fintechs ride the Trump train to Wall Street March 11, 2026 The new set of aspiring American dreamers are landing on the shores of the Atlantic. But these digital-first visionaries printed in venture capital green aren’t looking for a white picket fence. Instead, their sights are locked on a federal banking charter. Last week Europe’s most valuable fintech company Revolut became the latest in a boat-load [...]