Tag: finance
How to build strong governance ahead of an initial public offering
An IPO sees a company open itself to the scrutiny of thousands of investors. A strong governance structure is essential to minimise risks.
FBI warns ransomware gangs are targeting M&A transactions
US crime agency says the hard deadlines involved in M&A transactions pressures victims to pay up for fear of affecting stock values.
UK dividends up 89% on Q3 2020 as economy reopens
Figures from Link Group show dividend payouts by UK companies have rocketed—but one expert warns that they may not be the best option.
Finance chiefs fear audit reforms will cause increase in costs
Research suggests implementing the government’s proposed internal controls reforms alone could cost between £10m and £20m per company.
John Barker named as chair of ITI Capital
Nicholas Jordan and Patrick Martin have been appointed as non-executive directors on the board of ITI Group.
Prudential appoints Chua Sock Koong and Ming Lu as NEDs
Chair Shriti Vadera says the two new non-executive directors’ extensive pan-Asian experience will help “guide Prudential’s transformation”.
Covid and liquidity boost ‘mega’ M&A deals
This year has seen 111 mega deals, up on last year’s 97, despite the ongoing Covid-19 pandemic and uncertainty over Brexit.
Share buybacks criticised for ‘short-term self-enrichment’ of executives
Analysts say that increasing corporate debt is often tied to share buybacks, which in turn relates to the sale of stock by executives.
Board moves: Jane Fraser to take over as Citigroup CEO
Fraser is currently president of Citi and CEO of global consumer banking, and will start her new role in early 2021.
CVAs: flexible business aid or delaying the inevitable?
Big brands are using company voluntary arrangements (CVAs) to manage the financial impact of Covid-19. But experts warn they can damage the reputation of businesses—and directors.