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Clara Denina

Evercore set to lose out as Aramco reshuffles IPO roles: sources

Jul 18 2019

LONDON/DUBAI Boutique investment bank Evercore Partners has lost the chance to retain a prime position as an independent advisor for Saudi Aramco's potential $100 billion share sale, as the oil giant revives its postponed listing, three sources said.

Evercore set to lose out as Aramco reshuffles IPO roles -sources

Jul 18 2019

LONDON/DUBAI, July 18 Boutique investment bank Evercore Partners has lost the chance to retain a prime position as an independent advisor for Saudi Aramco's potential $100 billion share sale, as the oil giant revives its postponed listing, three sources said.

UK deals blow to insurers with change to discount rate

Jul 15 2019

LONDON Britain will change the discount rate used to calculate compensation for personal injuries to minus 0.25% from minus 0.75%, disappointing insurers who were hoping for a higher rate to limit the money they must set aside to cover payouts.

Partial ECM exit to leave Deutsche Bank focused on Europe

Jul 12 2019

LONDON/HONG KONG Deutsche Bank is focusing its equity capital markets (ECM) business such as initial public offerings (IPOs) on Germany and Europe, scaling back in the United States and retreating from most of Asia, banking sources said.

Swiss Re may postpone $4.1 billion ReAssure IPO: sources

Jul 10 2019

FRANKFURT/LONDON Swiss Re is considering postponing or restructuring the $4.1 billion London listing of its UK life insurance business due to limited investor appetite, sources familiar with the matter said on Wednesday.

Rio Tinto's Icelandic aluminum plant attracts Glencore: sources

Jul 04 2019

LONDON At least three companies including Glencore have expressed an interest in buying Rio Tinto's aluminum assets in Iceland, Sweden and the Netherlands for up to $350 million, banking sources said.

Rio Tinto's Icelandic aluminium plant attracts Glencore, Trimet - sources

Jul 04 2019

LONDON, July 4 At least three companies including Glencore and Trimet Aluminium have expressed an interest in buying Rio Tinto's aluminium assets in Iceland, Sweden and the Netherlands for up to $350 million, banking sources said.

Banks scramble to re-pitch for Aramco IPO roles: sources

Jul 02 2019

LONDON/DUBAI Investment banks are scrambling to re-pitch to advise Saudi Aramco on a possible initial public offering, sources familiar with the matter said, with Saudi Arabia's energy minister confirming plans for the listing to proceed in 2020 or 2021.

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