FT Alphaville’s Lunch Wrap is a round up of the top news and views on FT Alphaville and FT.com as at noon, London time.
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This morning on FT Alphaville,
- We read an interesting theory on rocketing volumes in Volkswagen’s non-voting shares over the past six weeks as questions are asked as to why the German auto maker’s preference shares have suddenly become such hot property.
- Meanwhile, Deutsche Bank has found itself embroiled in the Taiwanese Rebar scandal involving fugitive businessman Wang Yu-theng, although the German bank has reportedly issued a short statement locally denying the allegations.
- Advice was given to American investors who are wondering how a Blackstone or any other US private equity firm will fare as a publicly traded stock. Apparently, they should look across the pond to Europe, where numerous buyout groups have been publicly traded for decades.
- Is the rise in the use of margin in equity trading telling us something? Finance blogger Yaser Anwar suspects so, rounding up a spate of recent posts on the subject.
- Down under, Macquarie Bank has come out swinging in the wake of last Friday’s recommendation by Alinta, the Australian energy infrastructure group, of a A$15 per share offer from Babcock and its partner Singapore Power.
- Meanwhile, our Markets Live team picked up some raw and rather untested chatter surrounding ARM Holdings. Could revenues have slowed, causing the mobile semi-conductor specialist to issue warning?
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