IPO volume | Mahony Partners

The Race to be the Top Finance Center

It seems like every few years there’s an initiative by New York or London to “reclaim” its standing as a top financial center. So we greeted today’s news of such a campaign by the UK government as, well, something quite familiar. There’s more than national pride at stake in these efforts. Financial services accounts […]

The New York Times Spoils the IPO Party

Financial Services

You can count on the editorial page of the New York Times to spoil a good party. With Twitter’s IPO poised to raise nearly $2 billion, the market is looking healthier than it has in years. But a Times editorial said new-stock offerings should “raise suspicion, not excitement.” That’s a stunningly harsh assessment, even among […]