RBS Hoare Govett, the broker reportedly being considered for sale by parent Royal Bank of Scotland, is Financial News's investment bank of the week after working as a bookrunner on the only successful flotation on the London Stock Exchange's main market since July.

Construction services group Bilfinger Berger finalised the oversubscribed initial public offering on Wednesday for its new investment fund, Bilfinger Berger Global Infrastructure. It raised £212m, issuing 212 ordinary shares at £1 each to invest in a portfolio of up to 19 private finance and public private partnership projects.