FINANCE BOSS SAYS SORRY FOR HITLER GAG August 18, 2010 AN UPDATE on the saga of Stephen Schwarzman, the Blackstone Group chief executive who ruffled a feather or two recently by comparing the plight of the private equity industry to the Second World War. The ever-outspoken Schwarzman, peeved at the ongoing battle between US politicians and the sector over increasing its tax burden, claimed: “It’s [...]
Indian oil giant mulls £1bn float July 19, 2010 JUBILANT Energy, an Indian-based oil and gas exploration company, is considering a flotation on the London Stock Exchange, according to City sources. City stockbroker Evolution Securities, assisted by Renaissance Capital, is testing out the appetite for a money-raising in London, say the sources.? A spokesman for Evolution told City A.M. “Clearly it has been looking [...]
Indian oil giant mulls £1bn float July 19, 2010 JUBILANT Energy, an Indian-based oil and gas exploration company, is considering a flotation on the London Stock Exchange, according to City sources. City stockbroker Evolution Securities, assisted by Renaissance Capital, is testing out the appetite for a money-raising in London, say the sources.? A spokesman for Evolution told City A.M. “Clearly it has been looking [...]
Origo raises another $30m June 13, 2010 Origo Partners, the private equity investment and consulting practice focused on economic growth opportunities in China and India, has raised $30m before commissions and expenses through a share placing. The firm placed 82.2m new shares with investors for 25p per share. The stock is expected to be admitted for trading on the London Stock Exchange’s [...]
LISTED PRODUCT NEWS July 14, 2010 HSBC WELCOMES NEW BRAZIL ETF The global investment bank has decided to increase its suite of ETFs and now offers one that tracks the Brazilian stock index. This is the first BRIC ETF launched by HSBC. However, it plans to increase its range further to include the other emerging powerhouses in coming months. The fund [...]
LISTED PRODUCT NEWS July 14, 2010 HSBC WELCOMES NEW BRAZIL ETF The global investment bank has decided to increase its suite of ETFs and now offers one that tracks the Brazilian stock index. This is the first BRIC ETF launched by HSBC. However, it plans to increase its range further to include the other emerging powerhouses in coming months. The fund [...]
Migrant row overshadows Indian deals July 28, 2010 DAVID Cameron yesterday smoothed the way for a flurry of deals with India on a trade mission to the emerging superpower, but simmering tensions over plans to cap immigration in Britain threatened to turn into a full-scale row. The Prime Minister is leading a 90-strong delegation, which includes top business figures like Barclays boss John [...]
WHAT THE OTHER PAPERS SAY THIS MORNING January 27, 2011 FINANCIAL TIMES POLICE TARGET “HACKTIVISTS” An online “hacktivist” group that brought down the websites of perceived opponents of WikiLeaks has itself become the target of an international police crackdown. The London Metropolitan Police arrested five men in connection with a recent spate of attacks by Anonymous, behind last month’s revenge assault on the websites of [...]
WHAT THE OTHER PAPERS SAY THIS MORNING January 27, 2011 FINANCIAL TIMES POLICE TARGET “HACKTIVISTS” An online “hacktivist” group that brought down the websites of perceived opponents of WikiLeaks has itself become the target of an international police crackdown. The London Metropolitan Police arrested five men in connection with a recent spate of attacks by Anonymous, behind last month’s revenge assault on the websites of [...]
Three cheers for the stars of the Square Mile October 28, 2010 LAST night was truly an exciting and exceptional occasion: City A.M.’s inaugural awards celebrating the best and brightest of London’s business, financial and investment communities. Our inaugural awards ceremony saw more than 450 guests in their finery roll up at the Grange Hotel at St Pauls. Our winners, unique in that each was initially chosen [...]