Close Brothers: How the motor finance scandal reshaped one of ‘Europe’s least cost-efficient lenders’
Financial Conduct Authority plans to ‘put public back in IPO’ Markets After a torrid few years for the London Stock Exchange, the Financial Conduct Authority is opening new avenues to boost initial public offerings (IPOs). The City regulator told industry stakeholders at the London Stock Exchange’s annual IPO Forum last week, it would “put the P back into IPO,” sources attending the event told City AM. [...]
Augmentum leads fundraise for Peel Hunt-backed Retailbook Investing Investment platform Retailbook has secured a £4.5m fundraise as the Peel Hunt-backed firm attempts to survive a lacklustre spell for the UK’s capital markets. The business, which helps retail investors get access to share issues normally reserved for institutional investors, has seen investors such as Augmentum Fintech join its list of shareholders. Previous investors in [...]
Applied Nutrition to bring in retail shareholders for £500m float Investing Protein shake maker Applied Nutrition is set to include millions of retail shareholders in its planned £500m float as soon as this week. The sports nutrition brand is set to muscle its way onto the public markets in collaboration with Peel Hunt-backed Retailbook, according to reports from Sky News. Last month, the firm confirmed plans [...]
Peel Hunt-backed Retailbook lands £2.5m ahead of expected green light from City regulator March 25, 2024 Investment bank Peel Hunt has announced that Retailbook, the company it founded to give retail investors access to IPOs, has raised £2.5m as it expects imminent authorisation from the City regulator.