It may be the shape of things to come in 2008 when a flotation in Saudi Arabia becomes one of the beacons of the corporate finance market in the first half of the year.
Hichens, Harrison & Co, which was working in the City during the reign of “mad” King George III, has been taken over by the Indian financial services group Religare, becoming the first Square Mile broker to fall to a takeover from the subcontinent.
