The financial services group PSG has put its plan to list on the London Stock Exchange on the ice, citing turbulent markets and the US sub-prime crisis. The group's primary listing is on the local bourse. PSG's managing director Johan Holtz-hausen said the overwhelming effect of the US sub-prime mortgage crash on the rest of the world had cost financial services companies their customers' trust. - Leseja Mokgata
The financial services group PSG has put its plan to list on the London Stock Exchange on the ice, citing turbulent markets and the US sub-prime crisis. The group's primary listing is on the local bourse. PSG's managing director Johan Holtz-hausen said the overwhelming effect of the US sub-prime mortgage crash on the rest of the world had cost financial services companies their customers' trust. - Leseja Mokgata