Hedge fund Millennium sells 15% stake to top investors
Sale marks first time Izzy Englander has parted with equity in firm’s 36-year history
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Regulators call for action on ‘front-running’ by market makers
Iosco report warns that ‘pre-hedging’ in competitive tenders can cause ‘worse execution’ for asset managers
Merger deal creates $13bn oil and gas player focused on Permian Basin
SM Energy and Civitas Resources announce all-stock ‘strategic combination’
London needs new listings, but Princes’ float just kicks the can
A kabuki IPO is nothing to celebrate