Chinese real estate website operator, SouFun Holdings, has appointed JP Morgan as depositary bank after raising US$143m via an American Depositary Receipt (ADR) listing on the New York Stock Exchange.
“JP Morgan’s depositary receipts team brought to the table unparalleled experience when it comes to launching an ADR programme,” said Vincent Mo, executive chairman of the board of directors, SouFun. “From day one, the JP Morgan team demonstrated an impressive level of insight, ensuring we were able to execute this important stage of our strategic expansion plans.”
UK firms investment in training and development will increase, on average, by a fifth in the next year, claims Robert Half recruitment after interviewing 100 financial services (FS) executives.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.