Enjoy Finance

The London-listed banking group is in exclusive talks to sell 400 French branches to Banque Populaire for €2.1bn as it chases growth in Asia and other emerging markets

The race looks to be over for the London-based hedge fund that was previously a high-flyer

Candover, the private equity firm, has made an approach to acquire Expro International in a deal that could value the oilfield services company at £1.3bn

Société Générale’s shares bucked a falling stock market amid expectations that the French bank’s €5.5bn ($8.3bn) rights issue would enjoy strong take-up

Shares in MF Global fell another 17 per cent as investors signalled their lack of confidence in its risk management practices following its $141.5m loss caused by unauthorised wheat trades.

Close Bros shares fell to their lowest level since October 2004 after talks that could have led to a takeover of the London-based investment bank collapsed

AIG estimates that the $11bn of writedowns suffered last year on subprime mortgage-related derivatives will result in realised losses of only $900m over time

The chairman of UBS has taken a drubbing at the hands of shareholders shocked by the bank’s loss on US subprime securities, but it is too early to write him off, says Haig Simonian

Volatility and risk aversion have caused many flotations to be cancelled and eyes are now turning to emerging markets

The plea from the KKR co-founder comes after his private equity firm’s listed Euronext fund posted a negative return for 2007 and took $259.4m of write-offs on investments