Wealth and Asset Management
Kingswood shares drop 7% after US arm squeeze
Shares in Kingswood dropped 7.4% on Wednesday as the wealth firm announced softer than expected revenues in its US division. Announced in the firm’s unaudited results for 2022, US revenues were down 14% on the previous year to £110m. The firm said this was down to a ‘large one-off, high…
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