A cheeky website about deals, dealmakers and anything else I find interesting. Edited by Ben Harrington. If you have a tip or want to discuss a story please feel free to email Betaville at ben@betaville.co.uk. Betaville can also be reached at Whats App, Signal or Telegram. Betaville's Twitter handle is @bharringtonw11 and you can message me via Twitter with stories.

Village gossip - top British dealmaker quits Canaccord Genuity for Macquarie

Sunday, 14 February 2016, 6:25 am

So, I alluded to a major departure from Canaccord Genuity last week and now I have finally bottomed out the tale.

I understand Jacques Callaghan, one of the City of London's leading investment bankers, has left the beleaguered Canadian outfit for Australian investment bank Macquarie.

From what I can tell. he left Canaccord Genuity a couple of weeks ago and wasn't part of last week's cull...


Canacord Genuity wields the axe - part 2

Friday, 12 February 2016, 9:53 pm

Canacord Geniuty appears to have tacitly confirmed my tale from earlier in the week.

In case you missed it, the broker/investment bank released dire 3rd quarter results this morning, announcing there would be a major "restructuring" resulting in job losses in the UK and elsewhere.

Here is a link to today's press release:..


Another day, another multi-billion pharma deal - the series returns!

Friday, 12 February 2016, 4:56 am

I have to admit I was surprised to see US generic drugs giant Mylan return for Nordic group Meda given the market turbulence and general carnage in biotech share prices.

Hat tip, though, to the Financial Times for landing the scoop last night about the $9.9 billion takeover deal.

And I hear another Financial Times pharma takeover scoop might be about to come good. ..


Canaccord Genuity wields the axe

Wednesday, 10 February 2016, 5:00 pm

Here is a tale to add to the doom and gloom that has descended upon financial markets since the beginning of the year.

It would appear there has been a bit of a cull over at Canaccord Genuity, the Canadian stockbroker that has been gobbling up British brokers in the last couple of years.

I'm told by sources that over 30 of Canaccord's UK staff were booted out yesterday - that's almost 10pc of the company's British workforce. ..


Top of the market? - part 6

Wednesday, 10 February 2016, 12:54 am

I know I should probably reign in the chest beating but global stock markets are down almost 20pc since last spring's highs, so perhaps my "top of the market" series was useful to readers after all...


Dobson to retire from FTSE 100-listed Schroders, according to The Times

Tuesday, 9 February 2016, 5:41 pm

It never ceases to amazes me how some of the juiciest City tales end up in the diary.

For example, the lead item in The Times City People diary reveals there is a "whisper" Michael Dobson, the veteran Schroders chief executive, is contemplating retirement and may to step down from the blue-chip, blue-blooded fund manager at the next set of figures.

Here is a link to the column:..


HSBC takeaway - part 2

Friday, 5 February 2016, 1:20 am

Readers might recall that earlier this week HSBC was quick out of the blocks to boast how it was the "sole" financial advisor to ChemChina on its $43 billion purchase of Sygenta, sending out a release on topic in the early hours of Wednesday morning...


HSBC takeaway

Wednesday, 3 February 2016, 9:33 am

Ping! An email arrives from HSBC with the headline:

HSBC sole financial advisor to ChemChina on Syngenta acquisition

That's before I had even received the formal $43 billion deal announcement from Syngenta or ChemChina...


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