THE new high street bank formed by Virgin Money’s £747m takeover of Northern Rock could list on the stock market within two years, according to reports. The flotation of the bank would reportedly release a...
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Public Listings
Lloyds Banking Group slumps to £3.8bn loss
Lloyds Banking Group, whose chief executive António Horta-Osório is currently off work with “fatigue”, warned it would fail to meet some of its key financial targets as the bailed out bank slumped to a £3.8bn loss in...
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Russian metals groups apply for London listing
THREE Russian metals and mining companies are seeking listings on the London Stock Exchange that could skew the UK market’s FTSE-100 blue-chip index further towards emerging markets and resource companies. Of the three potential entries...
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China’s news websites poised for IPOs in Shanghai: paper
China’s state-owned news websites may prepare to launch initial public offerings on the Shanghai Stock Exchange after getting regulatory approval for listing last week, the South ChinaMorning Post reported on Monday. Measures to rejuvenate the mainland’s...
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Companies are desperate for investment
As the new wave of crisis throws the world stock market into a coma, domestic companies that planned to list their stock on the public exchanges to draw capital are back at the bottom of...
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