Tuesday , 16 December 2025

Recent Posts

Moonpig, its shareholders seek $524m in London IPO

Bloomberg Online greeting-card retailer Moonpig Group Plc and its shareholders plan to raise as much as 384 million pounds ($524 million) in an initial public offering in London, part of a rush of European companies looking to capitalise on robust stock markets and pandemic-fuelled sales growth. Moonpig is marketing as many as 113 million shares at 310 pence to 350 …

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UBS plans $4.5 billion buyback after wealth management surge

Bloomberg UBS Group AG plans to buy back as much as 4 billion francs ($4.5 billion) of shares over the next three years, bolstering shareholder returns after income from managing client assets and investment banking propelled gains at the world’s largest wealth manager. The lender is doubling the size of a previous repurchase program and said it expects to buy …

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African bank reports full-year loss after CEO’s surprise exit

Bloomberg African Bank Holdings Ltd. reported a full-year loss a day after announcing the unexpected resignation of Basani Maluleke, the only Black women to lead one of South Africa’s top banks. The unsecured lender swung to a 560 million-rand ($37 million) loss in the 12 months through September, compared with a year-earlier profit of 267 million rand, Johannesburg-based African Bank …

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