Anousha Sakoui

The Aston Martin Formula One team said on Thursday it had agreed on an investment by U.S. private equity firm Arctos Partners in exchange for a minority shareholding.

Citigroup and Bank of America were left holding some shares in Barclays after they could not identify enough demand for a 510 million pound ($642 million) stake sold by Qatar Holding, people familiar with the matter told Reuters.

Pantelis "Linos" Lekkas, a veteran Citi dealmaker, is to retire from the bank, a Citi spokesperson confirmed on Thursday.

Britain's FTSE Smallcap index could cease to exist by 2028, Peel Hunt head of research Charles Hall estimated in a note on Wednesday, if the pace of takeovers in London's stock market continues alongside a dearth of initial public offerings.

BHP Group would need to boost its latest offer around 30% to reflect fair value for Anglo American and its key copper assets, JPMorgan analysts said in a note.

Private equity firm Warburg Pincus has appointed two new managing directors to bolster its European business, it said on Monday.

Bank of America has named Eamon Brabazon co-head of global mergers and acquisitions, alongside Ivan Farman, according to an internal email seen by Reuters.

A group of Thames Water creditors have proposed an alternative liquidity package of up to 3 billion pounds ($3.89 billion) to give the British utility more time to seek a restructuring of its debt, according to sources with knowledge of the matter.

BP has a market capitalization of about $85.6 billion, less than half of rival Shell's value.

BNP Paribas' UK head of global banking Matthew Ponsonby has resigned from his position, the bank said on Friday.