Wealth and Asset Management
Coutts boosts operating profit in strong first quarter performance
An operating profit of £62 million, £29 million higher than Q117. Return on Equity increased to 12.5% and the cost:income ratio fell to 65.8%, driven by strong asset and AUM growth. Total income* increased by £16 million, or 9.4%, to £184 million compared with Q1 2017 reflecting increased lending and…
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