JP Morgan's German investment banking team has helped the bank clinch a deal for RMC, the UK building products group.

JP Morgan advised RMC on the £169m (€275m) disposal of its German subsidiary YTONG, an aerated concrete products business, to Franz Haniel. This is the first time the bank has acted for RMC on an mergers and acquisitions deal.

JP Morgan's German team clinches RMC deal

Neil Sen

JP Morgan

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Former chair of the John Lewis Partnership is joining the Canadian pension fund giant early next year

One of the top investors in Adani Group launched an on-market share buyback to protect its share price against the contagion from a U.S. investigation into the Indian conglomerate.

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Research group GfK’s measure of consumer confidence climbed to minus 18 in November’s survey from minus 21 in October.

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