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Schroders Private Banking reports jump in pre-tax profit

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Schroders has announced pre-tax profits of £103.8m in the first quarter of 2011. The figures is up on the £93.2m reported in the first quarter of 2010, while Schroders has also seen total funds under management rise to £201.4bn, from £196.7bn at the end of last year. The private banking…

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