Today news
About the same in other media
Rathbones profits surge 120% as Investec W&I merger starts to bear fruit
Reading now: 964
According to its half-year results published today (31 July), the firm's underlying profits before tax reached £112.1m in the six months to 30 June. This was in line with analyst consensus, which predicted that the figure would stand at £111.9m in the period. The strong results show the merger with Investec, which completed in September last year and created a £100bn wealth manager, has started to pay off. Rathbones CEO Paul Stockton said the firm has «achieved realisation ahead of target, with run-rate synergies of £20m delivered to the end of June», beating its one-year post-combinatio...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
Elon Musk sues OpenAI, renewing claims ChatGPT-maker put profits before 'the benefit of humanity' abcnews.go.com /3 months ago
Banks' profits healthy, but margins may shrink and deposits could disappoint economictimes.indiatimes.com /3 months ago
After record profits, fuel retailers see profit slump in Q1 economictimes.indiatimes.com /3 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
