First Equity sets sights on Northwest expansion Investing Historic London-based stockbroker First Equity is set to expand into the Northwest of the UK with a fresh presence in Liverpool. The firm, an independent broking boutique dating back to the 1980s, offers investment services to companies listed on the London Stock Exchange, AIM, Aquis Exchange, and JP Jenkins Private Markets. Senior Investment Manager Neil Blankstone, [...]
Exclusive: Panmure Liberum to ‘reinvigorate’ City market with banking tie-up Banking Investment bank Panmure Liberum has joined forces with Nedbank in a push to expand their reach across equity capital markets and drive dual-listings across the UK and South Africa. London-headquartered Panmure will collaborate with Nedbank’s corporate and investment banking division to produce equity research across UK and South African markets. The deal aims to provide [...]
Peel Hunt: City broker makes a loss amid economic headwinds Markets Investment bank Peel Hunt faced the pinch of economic and market struggles in its latest financial year as cost-cutting measures took a chunk out of the firm’s bottom line. The City broker made a loss before tax of £3.5m, which the firm said was due to restructuring costs. But the company recorded a profit of [...]
Peel Hunt shares edge up as City broker cuts costs to reduce losses April 1, 2025 Shares in City broker Peel Hunt edged higher in early trades this morning after the company issued a positive trading update. The company said it anticipated revenue of £90m for the year ending 31 March 2025, an increase of five per cent from the previous year. The investment bank reported revenue of £85.5m in fiscal [...]
City broker slashes price target for Primark-owner Associated British Foods January 24, 2025 Analysts at Panmure Liberum downgraded their rating for Primark-owner Associated British Foods from ‘Buy’ to ‘Hold’ after Primark underperformed over the festive quarter. Panmure downgraded its target price for ABF to 1900p from 2800p. Its share price currently sits at 1,892.50p after falling five per cent in the last five days. Associated British Foods reduced [...]
