UBS has No Desire to Buy Credit Suisse, Chairman Tells Newspaper
UBS has no interest in buying fellow Swiss lender Credit Suisse, the bank’s Chairman Colm Kelleher said in a interview published on Saturday. The former Morgan Stanley (NYSE:MS) president said he was focused on organic growth rather than acquisitions and expanding its business in the United States as he ruled out any move to buy […]
As the anchor investor lock-in period expires, the LIC falls 4%, or 28%, from its issue price
In intra-day trade on Monday, shares of Life Insurance Corporation of India (LIC) fell 4% to Rs 681.70 on the BSE, with the lock-in period for anchor investors expiring on Monday, June 13 The share price of the state-owned insurance behemoth has dropped by 28% from its IPO price of Rs 949 per share. Retail […]
