Equity-raising bankers are on the naughty step


A Foxtons Group Plc real estate agents sold sign on a residential property next to billboards with messaging relating to the coronavirus pandemic in London, U.K., on Tuesday, April 21, 2020. U.K. real estate agents called for help from the government as expectations for prices and market activity plunged.

A liberalised regime for raising cash from shareholders during the Covid-19 crisis gave United Kingdom firms and their bankers an inch.

Some appear to have taken a mile. Companies should remember their new freedoms come at the expense of fairness and are not meant to be the new normal.

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Equity-raising , Covid-19 , Glass Lewis , Foxton ,

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