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Wall Street turmoil could slow cooling IPO market

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The stock market turmoil of the last five days, following weeks of broader declines that have left half of this year's newly listed stocks below their offering prices, could slow the already cooling U.S. market for initial public offerings.



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People News, Barclays, C Suisse.

Barclays has hired Tim Main to be chairman of its global financial institutions group, as CEO Jes Staley adds another fellow JPMorgan veteran to the bank’s senior ranks.