Morgan Stanley: Profit hit by $500m in one-time charges but investment bank shines January 16, 2024 Morgan Stanley's profit missed analysts' estimates in the fourth quarter as it was hit by more than $500m (£395m) in one-time charges which offset a stronger performance from its flagship investment bank.
London eagerly awaits Kazakh carrier Air Astana listing amid recent investment interest struggles January 12, 2024 Kazakhstani airline operator Air Astana is planning to list in London in a rare boon for the market which has been fighting to win major investment interest in recent years.
Moving markets: Five things shaping the FTSE 100 today January 11, 2024 Asian markets follow Wall Street higher, with Japan's Nikkei surpassing 35,000, oil prices climbing, and the SEC approving the first spot Bitcoin ETFs, all while keeping a close eye on pivotal factors such as inflation and earnings.
New York listing ‘not on the agenda’ for YouGov as it strikes biggest deal yet January 10, 2024 The chief of data site YouGov has said that a previously ruminated listing in the Big Apple is "not on the agenda" right now.
Chancellor meets with City grandees over London’s listings crisis January 9, 2024 Chancellor Jeremy Hunt held talks with top City chiefs on Tuesday as part of the government's efforts to attract more listings to the London Stock Exchange.
No point in a ‘perfect’ stock market if no one’s using it, City figure hits back at Carson Block January 9, 2024 There is no point in having a “theoretically perfect” stock market if no one uses it, a top capital markets figure has hit back at Carson Block.
Who owns Manchester United now? How much did the Glazers pay in 2005? How much does Sir Jim Ratcliffe own? January 9, 2024 All you need to know about the ownership of Manchester United.
Government should take ‘direct action’ to block firms floating outside London, City broker claims January 8, 2024 The government should grant itself powers to step in and block some companies from floating overseas or force them into dual listings in London, a top City broker has said.
Plus500 share price rises after trading surge helps firm end 2023 on a high note January 8, 2024 Across the year as whole, the fintech announced around $350m in shareholder returns, split between dividends and share buybacks.
Exclusive: Treasury urged to call emergency meeting to solve London’s listings crisis January 8, 2024 The Treasury is faced calls to convene an emergency meeting of top City institutions to try and stem the flood of firms away from London’s public markets, City A.M. can reveal.