Investment banks face equity underwriting probe - papers

Scott Sinclair
clock

The Office of Fair Trading (OFT) has announced a probe into parts of the investment banking industry.

The investigation will focus on the prices which investment banks charge for services such as advising companies and underwriting share offers. The study will examine whether parts of the work done by investment banks may affect competition or consumers, writes the BBC. It will look at rights issues and other types of equity-raising by the 350 largest UK public companies. Firms whose UK business includes an investment banking arm include Royal Bank of Scotland, Barclays, Goldman Sachs, Morgan Stanley and Citigroup. FULL STORY...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Why 'bubble talk' doesn't always burst markets

Why 'bubble talk' doesn't always burst markets

What’s really driving recent returns?

Eleanor Ingilby
clock 20 November 2025 • 4 min read
Consultancy launches to provide IFAs with 'robust' investment processes

Consultancy launches to provide IFAs with 'robust' investment processes

Sheridan Admans launches Infundly

Isabel Baxter
clock 06 November 2025 • 1 min read
Inflation protection not front of mind for financial advisers

Inflation protection not front of mind for financial advisers

Titan Square Mile report suggests

Jen Frost
clock 04 November 2025 • 3 min read