Wealth and Asset Management
Investec shares slide on profit plunge
Investec’s UK wealth division proved resilient in a tough six months for the firm, which has put its share price under pressure. The bank’s share price fell 5% from £2.02 to £1.92 as of 11.10am, after it announced adjusted operating profit had fallen by 48.4% to £142.5m. It reinstated an…
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