Shawbrook aims for £2bn valuation in latest boost for London market
Specialist lender’s float will let private equity backers Pollen Street and BC Partners sell down their stakes
Specialist lender’s float will let private equity backers Pollen Street and BC Partners sell down their stakes

Specialist lender’s listing follows dearth of IPOs in recent years

Almost a dozen firms preparing UK flotation of a portfolio company in next 12 months

Trend puts pressure on brokerages and investment banks

Permira and Warburg Pincus to kick off process for UK wealth manager in coming months

Secondaries market has boomed in recent years as pension funds and endowments seek to exit investments

Plus, bumper earnings for Wall Street banks and how a chipmaker got seized by the Dutch government