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Since the days of America’s first Treasury secretary, Alexander Hamilton, New York’s financial markets have driven and sustained the nation’s economy. And for the last century, companies worldwide that sought to raise capital overwhelmingly came to the United States.
Sadly, and distressingly, that era may be coming to an end, as companies looking for money on […]

Adecco, the world’s biggest temporary employment group, on Wednesday became the latest European company to seek a delisting from the New York Stock Exchange because of limited trading volumes and high costs.
However, the decision is particularly piquant for Adecco, which became the first big European group to fall foul of the intricacies of the US […]

Attempts to overturn portions of Sarbanes-Oxley may pick up steam this week after an April 4 report showed the value of European stock markets has overtaken U.S. markets for the first time since World War I.
The seismic shift in the value of equity markets is a further blow to the New York Stock Exchange and […]

Paul Sarbanes and Michael Oxley, renowned authors of the 2002 Sarbanes-Oxley corporate governance reform legislation, have become America’s favorite whipping boys for the emigration of foreign equity listings from New York to London. But it was the earlier efforts of another congressman, one who now has far more influence over the competitiveness of the US […]

Europe, if you are a stock investor, is now bigger than the US. The landmark, passed last week, has been achieved despite the retirement of a net EU107.1bn (£72.4bn) in European equity over the past two years, according to Citigroup (NYSE:C - news). Its import goes far beyond the noise over the impact of Sarbanes-Oxley […]

Financial reporting is changing around the world and the implications are even being felt across the pond
When a tide turns you can hear, down on the foreshore, a huge noise. It is the sound of pebbles being pulled this way and that as the waters change direction. Journalists love the idea of tides turning. It […]

A vast transatlantic stock market emerged on Tuesday when the New York Stock Exchange won control of pan-European market operator Euronext, creating an entity worth 29 billion dollars linking trading platforms in six cities.
The two markets said in a statement that the NYSE had acquired 91.42 percent of Euronext capital and 92.22 percent of the […]

The European Union is satisfied with new U.S. rules making it easier for companies to delist from U.S. stock exchanges, European Internal Market Commissioner Charlie McCreevy said Friday. “The solution of the de-registration issue is a milestone” for transatlantic economic relations, McCreevy said. “This is very good news for our companies and economy.”
Under the SEC’s […]

The Securities and Exchange Commission will make it easier for foreign companies to delist from U.S. stock exchanges and withdraw from SEC oversight, including the requirements of the Sarbanes-Oxley law.
A new SEC regulation, approved today, will allow companies to deregister their shares if U.S. trading is 5 percent or less of the firm’s daily volume […]

The European alternative to the Alternative Investment Market will be on a road show in London this week in search of new investors.
Alternext, which is owned by Euronext and hosts listings in four other European capitals, denied it will be trying to take business away from AIM.
However it will be targeting firms who wish to […]