Wealth and Asset Management
Nedbank Heads for Eight-Month High on Surprise Profit Increase
Nedbank Group Ltd., the South African lender controlled by Old Mutual Plc, reached the highest level in eight months after first-half profit rose, beating analyst estimates that had predicted a decline. The shares jumped as much as 8.3 percent on Monday before paring gains, leading returns on the seven-member FTSE/JSE…
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Click here to read the full story: Bloomberg