10/23/2014

Credit Suisse Profit Beats Market Expectations

Credit Suisse delivered a good performance, with its strategic businesses generating returns on equity of 11% for the quarter and 13% for the first nine months of this year.

10/22/2014

SEI beats 3Q profit forecasts

This differential in our tax rate equates to a positive impact of $.03 diluted earnings per share to our third-quarter 2013 earnings.

10/21/2014

Brooks Macdonald increases FUM in first quarter

As at 31 March discretionary funds under management totalled GBP £5.924billion, an increase of 4.2% (31 December 2013: £5.680billion). As a comparison the WMA balanced index declined by 0.3% over the quarter.

10/16/2014

Rathbones AUM hits £26bn after Jupiter deal

The wealth manager completed the of the acquisition of Jupiter's private client and charity investment management business in September, which added some £1.9bn to FUM.

10/15/2014

Daimler Q3 cash flow surges 80%

Daimler had previously forecast that free cash flow from its manufacturing businesses would significantly decline this year from last year’s 3.2 billion euros.