Wealth and Asset Management
Arbuthnot Private Bank reports pre-tax profits up 25%
Arbuthnot Banking's pre-tax profits rose by 25% to £15.7m in the year to the end of December. Underlying profits rose to £18.6m (2012: £11.6m) and operating Income exceeded £100m for the first time (2012: £65.6m). Arbuthnot Latham – the private banking arm – posted pre-tax profits of £7.7m – up…
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