HALISTER: Poland Wooing Goldman, HSBC to Shift Staff After Brexit: FinMin

Poland Wooing Goldman, HSBC to Shift Staff After Brexit: FinMin

(Bloomberg) -- Negotiations with Goldman Sachs, HSBC are “going well,” Poland is counting on additional 30,000 jobs in its financial and software industries, Polish Deputy Prime Minister Mateusz Morawiecki tells Bloomberg.
  • Morawiecki, who is also finance minister, says Daimler’s 500m euro Polish investment is “on track”
  • Poland is in talks with Volkswagen to increase production
  • Government is “on the brink” of further greenfield investment announcements
  • Morawiecki isn’t planning management changes in Poland’s state-controlled financial companies, KGHM “for now”
  • FinMin expects “opportunistic” approach to further bank takeovers by state-run financial institutions
  • More foreign banks will leave Poland in next 2-3 years due to troubles at parents, tighter margins because of more regulation
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
HSBA LN (HSBC Holdings PLC)
GS US (Goldman Sachs Group Inc/The)

People
Mateusz Morawiecki (Republic of Poland)

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HALISTER1: Brazil to Have More Than 20 Shares Deals in 2017, Santander Says

Brazil to Have More Than 20 Shares Deals in 2017, Santander Says

(Bloomberg) -- The medium- and long-term window has been opened for stock offers in Brazil and the amount may exceed 20 transactions easily, reaching 30b reais this year, says Andre Rosenblit, equities director at Santander, in an interview with Bloomberg. See the highlights of the interview:
  • Year can be exceptional for transactions in general, IPO, follow-on and even delisting operations
  • Global liquidity, growing world and improved corporate results form the perfect backdrop for long-term investment in the stock market
  • In Brazil, profits increase should reach 20% in 2017
  • Investor is more selective and if he has doubts about the future of the company, he demands discount
  • Several sectors can have new companies, such as transportation, financial sector, retail and health
    • The larger the volume, the greater the demand because the company can access global investors that guarantee the operation
  • The risks to the favorable momentum for stock exchange investments are Donald Trump and any accusations that could jeopardize the government of Brazil’s President Michel Temer
  • NOTE: Since the beginning of the year, Movida, Hermes Pardini and CCR have launched shares totaling 5.6b reais, equivalent to half of the 10.7b reais issued last year, according to data from Anbima
    • Of the total this year, 4.07b reais came from CCR’s follow-on, indicating that there is more demand for the infrastructure sector
    • Unidas had to cancel its IPO and pointed to “unfavorable market”
    • Movida’s operation stayed on the floor of the established price range, in a sample of the selectivity of the investors
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

People
Andre Rosenblit (Banco Santander SA)
Donald Trump (United States of America)
Michel Temer (Federative Republic of Brazil)

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