EU lifts ban on eight banks barred from bond sales
BRUSSELS (Reuters) -Eight banks previously excluded from syndicated debt sales backing the European Commission's up to 800-billion-euro ($950.7 billion) COVID-19 recovery fund will be allowed to take part in future issues, the EU executive said on Friday.
Sumitomo shareholders reject climate change resolution
TOKYO (Reuters) -Sumitomo Corp shareholders on Friday rejected a proposal requiring the trading house to align its business with global climate change targets in a victory for the board over activist investors seeking more action on environmental issues.
JPMmorgan, Citibank, six others cleared for next bond sale - EU Commission source
BRUSSELS (Reuters) - Nomura, Unicredit, Credit Agricole, JPMorgan, Citibank, Barclays, Bank of America and Deutsche Bank can take part in the next syndicated debt sale backing the European Commission's up to 800-billion-euro ($950.7 billion) COVID-19 recovery fund, a Commission source said on Friday.
Spain's Acciona seeks $11.6 billion valuation with renewables IPO
MADRID (Reuters) -Spain's Acciona said on Thursday it was targeting a valuation of up to 9.8 billion euros ($11.66 billion) for its energy business following the listing of up to 25% of this unit, in what is set to be one of the biggest in a record year so far for listings in Europe.
CAS urges At Home investors to reject $37 a share take-private deal
BOSTON (Reuters) - At Home Group Inc's largest investor, CAS Investment Partners LLC, is urging shareholders to join it in rejecting the home furnishing retailer's proposed sale, arguing that even after this week's price increase the offer remains far too low.
Analysis-As Fed taper inches closer, investors prepare for volatility ahead
NEW YORK (Reuters) - As the Federal Reserve takes initial steps toward removing its massively accommodative policy, investors are preparing for the main show ahead.
JPMorgan buys investment platform Nutmeg in UK retail push
LONDON (Reuters) -JPMorgan Chase has bought British digital wealth manager Nutmeg as part of the U.S. bank's expansion into the UK retail banking and investment market.
How to handle a bidding war in a hot housing market
NEW YORK (Reuters) - Over the last few years, if you were trying to buy a home in the United States, you were typically up against one other bidder for sales that closed.
Exclusive: Deutsche Telekom seeks investors to bankroll German internet overhaul - sources
FRANKFURT (Reuters) - Deutsche Telekom is offering investors stakes in a company it is creating to overhaul Germany's internet cables to help foot the bill for much-needed network modernisation, three people familiar with the matter said.
'Meme' stock prices may not properly reflect demand - NYSE president
NEW YORK (Reuters) - The prices of so-called meme stocks may be distorted because the majority of trades in those names are executed away from public exchanges where share price formation occurs, the head of the New York Stock Exchange said on Wednesday.