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Panmure Gordon faces full-year loss after corporate slowdown

Discussion in 'Market News' started by Lily, Dec 23, 2015.

  1. Lily

    Lily Forum Member

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    One of the City’s oldest stockbroking and corporate advisory firms blames difficult market conditions for £4–4.5m loss

    Panmure Gordon, one of the City’s oldest stockbroking and corporate advisory firms, has warned that it faces a full-year loss after a drop in company deals and transactions.

    The firm focuses on the small and medium-cap sector, which has suffered especially in the latest slowdown of corporate activity.

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