Pulled initial public offerings hit record levels

Chief executives and investment bankers were forced to cancel or postpone a record volume of initial public offerings last yea

Chief executives and investment bankers were forced to cancel or postpone a record volume of initial public offerings last year as a deteriorating global economic environment badly undermined new listing sentiment.

Research firm Dealogic said that 293 deals were pulled last year with a total potential value of $62bn. In the previous year 250 deals, valued at $61bn, were scrapped.

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Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump