News
Ex-Iceland PM on trial
8th March Iceland’s former prime minister is on trial, charged with failing to prevent the nation’s 2008 financial crash
NY sports agency to help Everton FC find owner
8th March Agency which helped seal Liverpool FC buyout seeks owner for Everton FC
Europe Buy & Build weaker in H2 2011
8th March New report shows a significant slowdown in Buy & Build activity
BVCA urges Government to boost SME financing
7th March British Private Equity & Venture Capital Association calls on Government to boost the financing of SMEs
IPO model compromised and not fit for purpose?
7th March New research reveals that key senior corporate decision-makers feel the current IPO model is compromised
Judge orders Motorola to disclose Google plans
7th March Judge overseeing patent dispute between Apple and Motorola orders latter to provide details of Google acquisition
Investec responds to Carte Blanche claims
6th March Investec issues statement in response to Carte Blanche investigative piece
Glencore insist Xstrata offer is fair
5th March The commodities trader is adamant that, despite the opinions of key Xstrata shareholders, their offer is fair
Brooks Macdonald tops ‘Best companies to work for’ list
2nd March Brooks Macdonald and Goldman Sachs lead financial firms in The Sunday Times best companies to work for list
DLA Piper private investments row continues
1st March Law firm reportedly circulates internal note and holds conference call about personal investments
Venture Finance becomes ABN AMRO Commercial Finance
28th Februaryone of the UK’s leading Invoice and Asset Based Lenders, officially adopts the name of its longstanding parent
Greed perhaps not so good?
28th FebruaryMichael Douglas aka Wall Street’s Gordon Gekko, turns FBI spokesman with anti-rogue trading announcement
Yahoo claims IP right to Facebook social networking
28th FebruaryYahoo seek licensing agreement with patent claims ahead of Facebook IPO
Government wasting growth opportunities
27th FebruaryNew research among SMEs suggests government is wasting chance to fuel growth
Police probe former Threadneedle trader fraud
27th FebruaryDismissed Threadneedle trader is being investigated by London police for alleged rogue trade attempt
SMEs deprived of cash says Bank of England
24th FebruaryThe Bank of England has warned that High Street lenders are starving Britain’s small businesses of cash
Business insolvencies fall, according to report
24th FebruaryReport show an improvement in the financial strength of UK firms
Glencore / Xstrata: An IT perspective
24th FebruaryA director at a leading IT consultancy comments on the IT implications of a ‘Glenstrata’-style merger
UK entrepreneurs see M&A as key growth strategy
24th FebruaryMore than half of the UK’s entrepreneurs see acquisition activity as the main way of growing their businesses in 2012
Touch Financial teams with borro
24th FebruaryPersonal asset lender joins forces with factoring, invoice and asset finance firm
Former Chancellor to speak at Guernsey Funds Forum
24th FebruaryFormer UK Chancellor of the Exchequer, Norman Lamont, will be one of the keynote speakers at this year’s Guernsey Funds Forum in London
Foreign lawyers cleared to advise on foreign law in India
23rd FebruaryThe Chennai High Court cleared foreign lawyers from flying in and out of India to advise on foreign law as well as LPO operations
“Kidnapped” Former MacFarlanes partner loses jail term appeal
22nd FebruaryFormer Macfarlanes banking partner Francis Bridgeman has seen his 12-month prison term quashed at the Court of Appeal
PE firm records biggest Euro post-crisis fundraising
22nd FebruaryBC Partners has raised €6.5bn (£5.45bn), in the largest post-crisis European fundraising
Project Merlin one year on
22nd FebruaryVenture Finance MD ponders the situation a year after the Project Merlin launch
Carlyle Group releases second corporate citizenship report
17th FebruaryReport outlines Carlyle’s approach, progress to date and goals for 2012
Private Investment Funds conference
17th FebruaryVistra will sponsor the 13th Annual International Conference on Private Investment Funds
Ropes & Gray builds its PE real estate presence
9th FebruaryFormer corporate finance adviser at Oppenheimer Investments joins Ropes & Gray
GE Capital posts $6.5bn profit
9th FebruaryThe finance arm of US industrial conglomerate sees profits rise some 107 percent last year
RBS Invoice new MD for London/SE
9th FebruaryMark Clayton becomes new regional managing director for RBS Invoice Finance
Spotless agrees to open books to PEP
9th FebruaryCleaning firm enters non-exclusive due diligence agreement with Pacific Equity Partners
Bregal Investments launches PE fund
9th FebruaryBregal Investments, Inc. has announced the formation of a mid-market PE fund
Taiwan ProMOS plant-sources eyed by two firms
9th FebruaryUnnamed companies completing due diligence on Taiwanese memory chip maker
Former law firm partner sentenced for €22m EFG fraud
8th FebruaryKevin Steele among three sentenced for their roles in defrauding EFG Private Bank of Zurich
McGrigors and Pinsents agree to merge
8th FebruaryThe two Law firms vote for merger, creating £282m company operating in UK, Asia and Middle East
Anglo Irish Bank freezes TV3 owner' loan repayment
8th FebruaryRepayment and interest on Private equity firm’s €80m loan from state-owned bank frozen
US PE firms campaign to protect Romney tax break
8th FebruaryPrivate equity and venture capital firms lobbied to protect carried interest tax break
RBS investment banking exit “inevitable”
9th FebruaryBDO LLP Partner comments on RBS sale of Hoare Govett to Jeffries
Glencore Xstrata merger faces opposition
8th FebruarySeveral significant investors oppose the mining merger which also faces antitrust scrutiny
Borro expands into US
7th Februaryborro has expanded into the US market with offices in midtown Manhattan