Petershill Partners tops estimates in maiden results April 20, 2022 Investment outfit Petershill Partners sailed past estimates in its maiden set of results today as profits after tax hit $248m.
Quilter assets slide as Ukraine crisis hits investor confidence April 20, 2022 Wealth manager Quilter reported a dip in assets under management in the past three months as investor jitters spread in the wake of Russia’s invasion of Ukraine.
Credit Suisse warns of first quarter loss as legal costs surge April 20, 2022 Beleaguered Swiss lender Credit Suisse warned it was careering towards a loss in first quarter earnings after legal costs surged and the Russia-Ukraine crisis hit the bottom line, the firm announced today.
Buyout giants rule out backing Musk bid as takeover interest heats up April 20, 2022 A host of buyout giants have ruled themselves out of backing Elon Musk’s hostile takeover of twitter over concerns the tech giant cannot boost its profitability.
Apollo chief warns peers ‘ignore blockchain at your peril’ April 19, 2022 The billionaire chief of investment giant Apollo has warned the private equity industry to ignore “blockchain at [its] peril” after the firm has thrown its weight behind the technology in recent months.
Powering the revolution: Does the private sector have the appetite for an energy overhaul? April 19, 2022 City A.M. looks at whether the private sector help fund the government's ambitious targets to ramp up domestic energy production.
Treasury revokes Moscow Stock Exchange status as ministers look to cut off funding April 19, 2022 The Treasury has announced plans to revoke the Moscow Stock Exchange’s recognised status today as ministers look to further cut off funding from flowing into Russian firms.
African startups get record funding as analysts warn UK investors are missing out April 19, 2022 African startups received record funding last year as international venture capital poured into the continent’s booming tech sector - but analysts have warned UK investors are not pulling their weight.
Putin stamps out foreign listings for Russian firms April 19, 2022 Russia is set to stamp out foreign listings for homegrown firms as Putin looks to close ranks in the wake of the invasion of Ukraine.
Cough up cash for small suppliers TSB tells rivals April 19, 2022 High street lender TSB has called on rivals Co-Operative Bank and Metro Bank to speed up supplier payments after data found the banks are among the worst culprits for paying suppliers late.
