Another week another wave of senior appointments and departures at brands, agencies and media owners. Check out our global round-up of who is moving where (any why it matters) below, then head over to our People on the Move hub to see who else has been moving up the career ladder.
Investors have voiced concerns over the future of annual general meetings as corporate giants scramble to decide whether to hold physical shareholder events for a second year. Stock market stalwarts including Marks & Spencer and BT are considering whether to allow shareholders to physically attend their AGMs this summer as Britain eases out of lockdown.
Baker McKenzie assisted the joint lead managers on the deal. BPER Banca issued € 500 million Fixed to Floating Rate Senior Preferred Notes due March 2027, under the Issuer EMTN Programme. The bonds are listed on the regulated market of the Luxembourg Stock Exchange and the relevant proceeds will be allocated to Eligible Social projects such as Covid 19 related lending to SMEs.
Global Legal ChronicleMacquarie Bank paused its sterling return on Wednesday morning, the day after it announced the deal. On Tuesday morning the Australian firm (A2/A+/A) commissioned its own investment banking arm, BNP Paribas , and NatWest Markets to arrange a new December 2025 sterling deal that it planned to sell at the operating company level.
GlobalCapitalBy Anthony O. Goriainoff Gatwick Airport Finance PLC said Wednesday that it has raised 450 million pounds ($618.4 million) via an offer of senior secured notes, and that it will use the money for general corporate purposes. On Monday, the London-based airport company had said it would raise GBP400 million via the offer.
NEW YORK (Reuters) - A U.S. judge on Wednesday dismissed litigation accusing 10 large banks of conspiring to suppress competition in the now $21.2 trillion market for U.S. Treasury securities. ROBINHOOD CANS THE CONFETTI AFTER CRITICS LABEL IT AS BAITING U.S.
Fox BusinessPublic Liability Insurance Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail.
Market participants have dismissed concerns about the impact of US dollar Libor's extended life on the cross-currency swap market - and say it could spur a move to use risk-free rates on both legs of a transaction. "Cross-currency has been seen as a big problem for a long time.
Risk.netA key measure of US long-term borrowing costs has hit its highest level since the early days of the coronavirus crisis as traders sold Treasuries at the end of brutal quarter for global government bonds.
The Norwegian Krone meandered along the middle of major currency road Tuesday but could accelerate through the 2021 rankings this summer as Europe frees itself from a coronavirus vaccination mire, a global economic upswing lifts oil prices and the Norges Bank raises interest rates before any of its peers.
LONDON, March 29, 2021 /PRNewswire/ -- NatWest Group plc (the "Offeror") is today announcing the Reference Yield and the Purchase Price for each series of Notes (as defined herein) subject to its previously announced cash tender offers (each, an "Offer" and, together, the "Offers") for any and all of certain series of its U.S.
PRNewswirePARIS, March 30, 2021 (GLOBE NEWSWIRE) -- Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful. Banque Federative du Credit Mutuel (BFCM) Post-stabilisation Period Announcement Further to the pre-stabilisation period announcement dated 29th Mar 21, J.P.
The FTSE 100 has pared most of its gains from earlier - it opened 0.7pc higher but it is now just 0.2pc higher at 6,748 points. At midday the biggest risers were Barclays (up almost 3pc), British Land (up 2.7pc) and British Airways owner IAG (up 2.6pc).
Lendable is believed to have reached unicorn status. The peer-to-peer consumer lender, which is unlisted, has been valued at more than £1bn based on secondary market fundraisings, according to reports. The analysis, by Sifted, claims the valuation came as an... #GoldmanSachs #Goodbody #JohnCronin
P2P Finance News(RTTNews) - European markets closed higher on Tuesday as encouraging economic data from the region outweighed concerns about rising coronavirus cases and slow vaccine rollouts, and prompted investors to pick up shares.Optimism about strong economic rebound in the U.S., easing con
Dawid Konotey-Ahulu recounts how in 2019 he was talking to one of his colleagues in Angel Court, an office block in the heart of the City. They were standing by the escalators in the lobby of the building where Redington, the investment consultancy he co-founded in 2006, is located.
Financial NewsImperial Brands has seen a "good start" to the year in line with the tobacco giant's expectations, as the maker of Winston and Backwoods turns to reducing losses in its vaping business. Shares in the group, which also owns brands including John Player, Gauloises, Golden Virginia, and Rizla, fell around 1.5% on Tuesday following the trading update from the company, a constituent of London's FTSE 100 index.
Prospects of a vaccine-driven economic boost and a big US spend on infrastructure sent European shares to record highs on Tuesday, aiding banks in particular. DUBLIN Ryanair Holdings gained altitude as it emerged that Johnson & Johnson would deliver 200 million vaccines to the EU next month, and analysts were more upbeat about European airlines generally.
The Irish TimesNEWBURY, England, March 29, 2021 /PRNewswire/ -- Vodafone Group Plc ("Vodafone" or the "Company") announced today the results of its previously announced 10 concurrent, but separate, offers to purchase for cash any and all of the outstanding series of notes listed in the table below (collectively, the "Notes"), which were made upon the terms of and subject to the conditions in the offer to purchase dated March 19, 2021 (the "Offer to Purchase") and the accompanying notice of guaranteed delivery (the "Notice of Guaranteed Delivery," and together with the Offer to Purchase, the "Tender Offer Documents").
By Eleanor Duncan LONDON, Mar 29 (IFR) - Gatwick, the UK's second biggest airport, is marketing its first high-yield bond, as lockdowns across Europe threaten holiday plans. Gatwick Airport Finance (Ba3/BB-) hit screens with a £400m five-year non-call two senior secured note offering at 4.75%-5%. The bond is being issued from a new holdco entity.
