Archive for April 11th, 2008

Barclays and Burdale arrange £447m financing transaction for Palmer and Harvey (Holdings) Plc

Barclays Commercial Bank announced that it is providing majority finance to support a Management Buy Out (MBO) for Palmer and Harvey (Holdings) Plc.

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DIFC to showcase opportunities for UAE Nationals

The Dubai International Financial Centre (DIFC) announced its plans to be an eminent participant at this year’s Careers UAE 2008.

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Swiss Re’s Emission Desk Purchases Carbon Credits from Hebei Construction Investment New Energy Company

Swiss Re, a leading and highly diversified global reinsurer, announced it has entered into an emissions reduction purchase agreement with Hebei Construction Investment New Energy Co., Limited.

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CSDs start joint venture to improve post-trade efficiency in Europe

Seven leading Central Securities Depositories (CSDs) signed an agreement to establish Link Up Markets, a joint venture to improve efficiency and reduce costs of post-trade processing of cross-border securities transactions in Europe.

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Wall Street Journal Appoints Publisher of WSJ its New High-End Lifestyle Magazine

The Wall Street Journal named Ellen Asmodeo-Giglio, vice president/publisher of the Journal’s new high-end lifestyle magazine, WSJ., which is scheduled to launch Sept. 6, 2008.

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Deutsche Bank announces three appointments to strengthen the central eastern European equity research franchise

Deutsche Bank announced the appointment of three senior analysts, Marcin Jablczynski, Tomasz Krukowski and Lukasz Wachelko.

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Lehman Brothers prices $4.0 billion offering of convertible preferred stock

Lehman Brothers Holdings Inc. announced that it had priced a $4.0 billion offering of 4,000,000 shares.

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BNP Paribas Investment Partners acquires IMS in the UK, and strengthens its European leadership in multi-management

BNP Paribas Investment Partners, a leading European asset manager, and major London-based multi-manager IMS Group, announce that BNPP IP* has acquired IMS.

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Electronic Order Book Trading Grows 33 Per Cent During March

The number of electronic equity trades carried out on the London Stock Exchange and Borsa Italiana during March 2008 averaged 1.1 million per day, an increase of 33 per cent on March 2007.

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