US, Mexico to cooperate on investment security screening, payments systems
U.S. Treasury Secretary Janet Yellen gives a statement to the press during her visit in Mexico City, Mexico December 6,...
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Global banks forecast improved investment banking outlook
A street sign for Wall Street hangs in front of the New York Stock Exchange May 8, 2013. REUTERS/Lucas Jackson/File Photo Acquire Licensing RightsNEW YORK, Dec 5 (Reuters) - Global bank executives said that dealmaking conditions have begun to improve, with some predicting a better outlook for strategic mergers and acquisitions at an industry event on Tuesday.Both M&A activity and initial public offerings (IPOs) faltered last year after Russia's invasion of Ukraine and the U.S. Federal Reserve's aggressive rate hikes to tame inflation."The M&A deals are coming a little faster,"...
Infrastructure funds prepare sales of airports in UK and Italy-sources
A aircraft taxis past the control tower at Edinburgh Airport in Scotland April 23, 2012. REUTERS/David Moir/File Photo Acquire Licensing RightsLONDON, Dec 1 (Reuters) - A group of infrastructure investors around Europe are working on the sale of their stakes in European airports, leveraging on the recovery of travel in the wake of the COVID-19 pandemic, according to bankers, investors and industry sources.Among the largest of the airports that may see a change of ownership as soon as 2024 is Edinburgh, five of the sources said.Its owner Global Infrastructure Partners...
Singapore’s Keppel to buy Aermont Capital for $1 bln, expand into Europe
Deal to expand Keppel's presence beyond Asia Pacific to EuropeAcquisition to boost Keppel's funds under management by S$24 blnDeal to...
EU extends decision date on Novoyzmes, Chr. Hansen deal to Dec. 12
A view of a facility of biotechnology company Chr. Hansen, a global company that manufactures ingredients for the food industry,...
Citi names Gutiérrez-Orrantia Europe banking and cluster head in restructure
The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. Picture taken October 19, 2017. REUTERS/Chris Helgren/File Photo Acquire Licensing RightsLONDON, Nov 20 (Reuters) - Nacho Gutiérrez-Orrantia, one of Citi's (C.N) most senior bankers in Europe, will become banking and cluster head for Europe as part of its planned restructuring, the banker told Reuters on Monday.The latest step in the bank's reorganisation was announced on Monday, with Citi's CEO, Jane Fraser, saying that "the actions we're taking to reorganize...
Focus: UniCredit CEO Orcel’s ‘bank of Europe’ ambition tough to realise
Shares have risen 190% since CEO took overDiscount to book value more than halvedStrong currency for M&A but deals hard...
France to make 10% threshold for non-EU investment scrutiny permanent
PARIS, Nov 9 (Reuters) - France will tighten rules for non-EU investments in French companies by making a 10% threshold...
Europe needs bigger banks but mergers hard without banking union -Intesa CEO
Carlo Messina, CEO of Intesa Sanpaolo bank smiles during shareholders meeting in Turin, Italy, April 27, 2017. REUTERS/Giorgio Perottino/File Photo...
Canaccord Genuity eyes Close Brothers wealth business in UK push – sources
LONDON, Oct 26 (Reuters) - Canaccord Genuity (CF.TO) has explored a potential acquisition of Close Brothers Group's (CBRO.L) wealth management operations, two people familiar with the matter told Reuters, a move that would increase the Canadian group's presence in the UK.Canaccord, which offers investment banking and wealth management services, was among the final bidders in an auction process run by Goldman Sachs (GS.N), one of the people, who spoke on condition of anonymity, said.Reuters could not establish whether Canaccord's interest in the business, known as Close Brothers Asset Management, is...