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

Darius McDermott: Building a resilient portfolio in a concentrated market

Darius McDermott: Building a resilient portfolio in a concentrated market

'A well-balanced portfolio should also take in the broadest possible range of growth opportunities'

Darius McDermott
clock 01 July 2026 • 5 min read
Fahad Hassan: Progress on many fronts

Fahad Hassan: Progress on many fronts

'Financial markets are increasingly pricing in a more benign inflation environment ahead'

Fahad Hassan
clock 01 July 2026 • 5 min read
Government launches taskforce to tackle £1.6bn in unclaimed child trust funds

Government launches taskforce to tackle £1.6bn in unclaimed child trust funds

Links up with providers including Coutts, Nationwide and HSBC

Isabel Baxter
clock 29 June 2026 • 3 min read