29 March

Sticky

UK court rules LCF bondholders not eligible for compensation By Reuters

Posted by admin

in News

By Huw Jones LONDON (Reuters) - Bondholders hit by the collapse of the investment firm London Capital & Finance (LCF) cannot recover their losses under Britain's Financial Services Compensation Scheme, a British High Court ruled on Monday. The ruling will add to pressure on the government to stump up more cash after it said last year it would set up a scheme...

29 March

0 Comments

Sticky

Cathie Wood’s ETFs Ditch Ownership Caps, Add SPAC Warning By Bloomberg

Posted by admin

in News

(Bloomberg) -- Cathie Wood has spent months defending Ark Investment Management from critics who say the money manager has too much cash tied up in too few stocks. The firm’s latest move is handing them fresh ammunition. In a filing late last week, Ark altered the prospectuses for its exchange-traded funds to remove clauses limiting its exposure and concentration risks. The changes eliminate...

29 March

0 Comments

Sticky

Deutsche Bank CEO gives up oversight of investment bank in revamp By Reuters

Posted by admin

in News

FRANKFURT (Reuters) - Deutsche Bank (DE:DBKGn) chief executive officer Christian Sewing will hand over oversight of the investment bank to board member Fabrizio Campelli, the bank said on Monday, in a broad overhaul of the management board. The move is likely to reassure regulators, who worried that Sewing has too much on his plate, potentially leaving the investment bank open...

29 March

0 Comments

Sticky

Exclusive-Adam Neumann’s final WeWork act: helping SoftBank’s SPAC deal By Reuters

Posted by admin

in News

By Joshua Franklin and Anirban Sen (Reuters) - An unlikely figure helped set the spark for SoftBank Group Corp's $9 billion deal to take WeWork public. Adam Neumann, WeWork's co-founder and ousted chief executive, met in November with the head of the special purpose acquisition company (SPAC) that would go on to clinch a deal with WeWork, according to people familiar...

29 March

0 Comments

Sticky

Block Trades, Movement in Suez, Biden’s Spending Plans – What’s up in Markets By Investing.com

Posted by admin

in News

By Geoffrey Smith Investing.com -- Two banks warn of big losses after Friday's chaotic unravelling of a hedge fund portfolio. President Joe Biden prepares to lay out his green spending plans, but other plans on healthcare and childcare will have to wait until April. The pandemic roars back in Europe, South America and the Indian sub-continent, and oil prices fell after the ship...

29 March

0 Comments

Sticky

Carlyle Aviation Partners to buy aircraft leasing firm in $2.36 billion deal By Reuters

Posted by admin

in News

(Reuters) - Private equity firm Carlyle Group (NASDAQ:CG) said on Monday an affiliate of Carlyle Aviation Partners, its aviation investment arm, will buy aircraft leasing company Fly Leasing Ltd for an enterprise value of $2.36 billion. Shareholders of Fly Leasing would get $17.05 per share in cash, valuing the company at $520 million. The price represents a premium of 29%...

29 March

0 Comments

Sticky

Rolls-Royce looks to the future with start of UltraFan build By Reuters

Posted by admin

in News

LONDON (Reuters) - Rolls-Royce (LON:RR) said it had started building its new greener UltraFan engine and aims to have the first demonstrator model completed by the end of the year, in what it hopes will be a boost to both it and the environment. The British company has been hit harder than...

29 March

0 Comments

Sticky

UK competition watchdog clears Uber’s takeover of Autocab By Reuters

Posted by admin

in News

(Reuters) - Britain's competition watchdog said on Monday it had cleared Uber (NYSE:UBER)'s takeover of UK tech firm Autocab, a taxi booking and dispatch software provider, after its initial probe found the deal would not affect competition in the market. The UK's Competition and Markets Authority found that there was "only limited indirect competition" between the two companies, adding that it...

29 March

0 Comments

Sticky

Paris court fines Servier 2.7 million euros over weight-loss drug:BFM TV By Reuters

Posted by admin

in News

PARIS (Reuters) - A Paris court on Monday found French drugmaker Servier guilty of manslaughter and deception over weight-loss pill Mediator, and fined it 2.7 million euros ($3.18 million), according to BFM Television. France's health ministry has said that at least 500 people died of heart valve problems in France because of exposure to the active ingredient in Mediator, a drug which...

29 March

0 Comments

Sticky

English vaccine take-up lower in minority groups, ONS says By Reuters

Posted by admin

in News

LONDON (Reuters) - The take-up of COVID-19 vaccines was much lower among minority groups in the first three months of rollout in England, the Office for National Statistics said on Monday, amid concern the benefits of the programme are being unevenly felt. Britain's vaccine rollout is the fourth fastest in the world, with more than 30 million having received a first dose,...

Меню

UK court rules LCF bondholders not eligible for compensation By Reuters

Cathie Wood’s ETFs Ditch Ownership Caps, Add SPAC Warning By Bloomberg

Deutsche Bank CEO gives up oversight of investment bank in revamp By Reuters

Exclusive-Adam Neumann’s final WeWork act: helping SoftBank’s SPAC deal By Reuters

Block Trades, Movement in Suez, Biden’s Spending Plans – What’s up in Markets By Investing.com

Carlyle Aviation Partners to buy aircraft leasing firm in $2.36 billion deal By Reuters

Rolls-Royce looks to the future with start of UltraFan build By Reuters

UK competition watchdog clears Uber’s takeover of Autocab By Reuters

Paris court fines Servier 2.7 million euros over weight-loss drug:BFM TV By Reuters

English vaccine take-up lower in minority groups, ONS says By Reuters

FINSPECTION MANAGEMENT LTD

FINSPECTION PLC LTD

FINACOM MANAGEMENT NV