Panmure Gordon suffered £7.2m loss before merger with Liberum Banking Panmure Gordon continued its loss-making streak in the year before its merger with City rival Liberum in the latest sign of factors influencing consolidation among Britain’s corporate brokers. The investment bank posted a £7.2m loss for the 12 months ending on 31 December 2023, according to newly-filed accounts. This compares to a £16.3m loss in [...]
Cavendish slides to loss despite consistent growth Banking One of the City's newest investment banks has slashed its dividend after sliding into the red despite rapid growth. Cavendish raked in £48m in revenue in the year ended March 31, up nearly fifty per cent on the previous year.
Panmure Liberum adds two new units and names top team after merger Brokers Panmure Liberum has launched two new divisions and confirmed its executive team after the completion of the landmark merger between two of the City's leading brokers.
Urban Logistics REIT sees rent boom while eyeing expansion June 20, 2024 Urban Logistics REIT saw rental income jump 8.4 per cent last year, as the company looks to deploy capital and continue expanding.
Panmure Liberum to cut dozens of jobs after landmark City merger June 3, 2024 Newly-formed investment bank Panmure Liberum is planning to cut more than two dozen jobs after a merger between two of the City's leading brokers earlier this year.
Sirius Real Estate ups dividend for tenth consecutive year as profit rises June 3, 2024 Industrial park and flexible workspace provider Sirius Real Estate has provided its tenth consecutive year of dividend increases, upping it by 6.5 per cent.
General Election 2024: Do markets perform better under the Conservatives or Labour? May 26, 2024 Both the FTSE 100 and the FTSE 250 were essentially flat the day after the announcement.
London’s FTSE 100 could ‘kick on’ further despite record breaking run May 16, 2024 The blue-chip index has gained 8.9 per cent so far this year and has set 12 all-time highs in May, a record since the FTSE's creation in 1984.
Urban Logistics REIT boosts rental income after failed Abrdn trust bid April 17, 2024 Real estate investment trust Urban Logistics has seen rents jump significantly across its properties, as the warehouse owner recovers from its failed M&A bid earlier this year.