Trading platforms without a bedrock of a strong and reliable flow of government securities or high-quality rates products will be forced to seek acquirers and become victims of consolidation if they are not to cease business altogether.
In a Securities and Exchange Commission filing in May, Clearwire said it would use funds from a future IPO to expand its network and acquire more radio-frequency spectrum. Viswanathan said the funds will also be used for customer acquisition and...
Earlier this year, online property company Easier.co.uk, which had floated on AIM and raised £11m in February 2000, put itself up for sale after a disappointing performance, but it failed to find new funds to survive, or a buyer to take it private.
Money - much of it 'our' money - was invested via the equity markets in the form of stocks, mutual funds, bonds, pensions and other funds into an industry that was almost too hot for its own good. With stock markets already in recession, it was...
A report released last month by the European Private Equity and Venture Capital Association shows that the usual heaping helpings of taxes and regulations continue to hurt the growth of stock markets and funds available for start-up companies in...
The two finance giants are equal partners in the venture, which will use the Internet to target affluent customers seeking banking and securities services. A deposit account will offer stocks, bonds, mutual funds, unit trusts and various tax...