Wealth and Asset Management
Hargreaves’ cash revenues up 967% as it profits from market fears
Hargreaves Lansdown has beaten analysts’ turnover expectations as its revenues from clients’ cash accounts ballooned by 967% in the first half of its financial year 2023. In the six months to 31 December 2022, the direct-to-consumer platform giant made revenues of £121.6m on cash accounts, compared with £11.3m for the…
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