UK's Clydesdale Bank rises more than 2pc in London debut

03 Feb, 2016


LONDON: Shares in Clydesdale Bank Plc rose as much as 2.4 percent in early trading on Wednesday in their London debut, after the nearly 180-year-old British lender raised 395.7 million pounds ($569.29 million).

Clydesdale shares were up 0.7 percent at 181.25 pence after being priced at 180 pence on Monday, having been spun off by National Australia Bank Ltd, Australia's biggest lender by assets.

Copyright Reuters, 2016

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