JPMorgan reduces stake in Plus500 to 5.77%
The investment bank sold 476,180 shares in Plus500 earlier today, taking its its interest in the broker down to 5.77%.
Read moreThe investment bank sold 476,180 shares in Plus500 earlier today, taking its its interest in the broker down to 5.77%.
Read moreOdey bought further 1,795,437 shares in Plus500 on Tuesday, signaling that some investors see the low share price of the broker as an opportunity rather than a problem.
Read moreThe wealth management firm now holds 14.09% interest in Plus500, after purchasing 1,605,000 shares in the broker on Monday.
Read moreThe official statement the company published yesterday has obviously failed to stem the drop in share prices.
Read moreThe AML procedures have affected only customers of the UK business and the broker is in talks with the FCA over the new rules implementation.
Read moreAs of May 15, 2015, the investment bank held 7,100,879 shares or 6.18% of the issued share capital of the retail FX and CFD broker.
Read moreShares in Plus500 increased to £7.72 on Thursday, representing the highest value since establishment, and valuing the company at $1.3 billion
Read moreToday brought another piece of news about a transaction with shares in Plus500 Ltd (LON:PLUS), as investment boutique Newton Investment Management Ltd has reduced the size of its interest in the CFD broker. A transaction dated March 27, 2015, saw Newton Investment Management Ltd sell 676,284 shares in the broker, thus reducing its shareholding in…
Read moreAnother transaction with shares in Plus500 Ltd (LON:PLUS), the CFD broker, was announced today. A filing with the London Stock Exchange shows that investment banking giant Deutsche Bank AG (FRA:DBK) has taken its shareholding in Plus500 below reportable threshold. The transaction took place on March 18, 2015. The latest change in Deutsche Bank's holding in…
Read moreAfter a series of transactions which took JP Morgan Chase & Co's interest in Plus500 down to 4.66% in late February, the investment bank has increased its stake in the FX firm to 10.46%
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