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Swiss Re announced today the suspension of its previously communicated plans for an initial public offering (IPO) of ReAssure. This action is in response to the heightened caution and weaker underlying demand in the UK primary market from large institutional (...)
Anyone who follows the business and financial headlines will be well aware of Sheldon Adelson, the casino magnate who’s a force to be reckoned with in the gambling world. His personal wealth is worth a reported $37.3 billion and he is the CEO, chairman and principal (...)
The excited hyperbole of restructuring announcements can’t mask a central reality: from an industry perspective what Deutsche Bank is planning is not that radical and the targeted metrics hardly industry-busting. And is it all coming too (...)
The direction of Deutsche Bank’s ’BBB’ rating will depend on how the bank progresses with its restructuring plan, Fitch Ratings says. The plan shows management’s determination to strengthen the bank’s business model and address its key (...)
Euronext, the leading pan-European exchange in the Eurozone, announced today that it has subscribed the entire €5 million capital increase of Tokeny Solutions, resulting in a 23.5% stake and strong governance representation.
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