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An attempt by a US private equity firm to boost its stake in the $45 billion financial app Revolut, ahead of a long-awaited stock exchange float, has been scuppered by the Financial Conduct Authority. Jamba Europe — in effect owned…
Shares in Abrdn were marked sharply lower this morning as the fund management group disclosed that clients had resumed pulling money from the firm, with a net £3.1 billion extracted in the September quarter. The return to a period of…