Private equity-backed Visma picks London for blockbuster tech IPO

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Private equity-backed software group Visma has chosen London over Amsterdam for the planned initial public offering of the €19bn software company next year, scoring a rare win for the UK’s beleaguered stock market. British buyout … Read more

Wall Street’s new battle: DSAs vs CFAs

One scoop to start: Private equity-backed software group Visma has chosen London over Amsterdam for the planned initial public offering next year of the €19bn company, scoring a rare win for the UK’s beleaguered stock market. And another thing: A mediator has suggested Paramount pay Donald Trump about $20mn to settle the US president’s lawsuit … Read more

Hong Kong intervenes to defend currency peg

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hong Kong’s de facto central bank has intervened in foreign exchange markets to defend the city’s currency peg. The Hong Kong Monetary Authority said it used HK$9.4bn ($1.2bn) of its reserves to buy Hong Kong … Read more