More from Financial Services
Hong Kong's securities regulator has fined Morgan Stanley, Merrill Lynch, UBS and Standard Chartered for lack of fact checking and due diligence in preparing stock offerings for now-liquidated China Forestry and still-suspended Tianhe Chemicals.
The opposition seems to be trying for another referendum. Meantime, British bank stocks, like Lloyd's, should keep benefiting from anything other than a 'hard' Brexit.
GE will take months and months to build out a proper base that can support a sustained move.
The market's reaction to the pharmacy giant's acquisition of Aetna is providing a rare opportunity to buy a quality company at a value price.