Inside Banker

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Find out what's happening in the world as it unfolds. More Videos Analyst: Uber is at beginning of its growth in US. Uber opens below IPO price in market debut. Uber investor: Lyft is definitely a challenger. Pinterest CEO: Markets reward companies that grow value over time. Self-driving cars are coming. But Lyft co-founder says he'll need more drivers.

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Lyft files for IPO. Lyft founder: Our goal is to eliminate car ownership. Uber CEO on fixing its workplace culture problem. Here's how Lyft became the 'friendly' rideshare app. Almost immediately , the ride sharing companies broke below their IPO prices. That's committing the cardinal sin of the IPO world.

Corporate banker: job description | TARGETjobs

The high-profile flops demonstrate the need for money-losing companies to do a much better job explaining how they'll eventually make money, according to Carter Mack, whose investment bank helped bring Uber UBER and Lyft LYFT public. Mack couldn't discuss details on the pricing strategy of the IPOs because the deals were led by larger Wall Street firms.


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    Banks disappointed as MAR review looks to be delayed The European Commission is due to review the Market Abuse Regulation and the industry has a list of areas it wants addressing, but the review looks likely to be delayed due to other priorities.



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