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Diversified Investment Services

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Investec ‍says ‍HY revenue is expected to be ahead of prior period​

Friday, 15 Sep 2017 03:45am EDT

Sept 15 (Reuters) - INVESTEC PLC ::‍FIRST HALF OF GROUP'S FINANCIAL YEAR CONTINUED TO SEE MACRO UNCERTAINTY IN ITS KEY OPERATING GEOGRAPHIES​.‍WEALTH & INVESTMENT BUSINESS IS EXPECTED TO REPORT HY RESULTS COMFORTABLY AHEAD OF PRIOR PERIOD​.SPECIALIST BANKING BUSINESS IS EXPECTED TO REPORT HY RESULTS AHEAD OF PRIOR PERIOD.HY ‍OPERATING PROFIT IS EXPECTED TO BE COMFORTABLY AHEAD OF PRIOR PERIOD​.‍HY REVENUE IS EXPECTED TO BE AHEAD OF PRIOR PERIOD​.‍HY RECURRING INCOME AS A PERCENTAGE OF TOTAL OPERATING INCOME IS EXPECTED TO BE APPROXIMATELY 75%​.‍UNCERTAINTY EXPECTED TO CONTINUE INTO SECOND HALF OF GROUP'S FINANCIAL YEAR​.

Investec ‍says ‍HY revenue is expected to be ahead of prior period​

Friday, 15 Sep 2017 03:45am EDT

Sept 15 (Reuters) - INVESTEC PLC ::‍FIRST HALF OF GROUP'S FINANCIAL YEAR CONTINUED TO SEE MACRO UNCERTAINTY IN ITS KEY OPERATING GEOGRAPHIES​.‍WEALTH & INVESTMENT BUSINESS IS EXPECTED TO REPORT HY RESULTS COMFORTABLY AHEAD OF PRIOR PERIOD​.SPECIALIST BANKING BUSINESS IS EXPECTED TO REPORT HY RESULTS AHEAD OF PRIOR PERIOD.HY ‍OPERATING PROFIT IS EXPECTED TO BE COMFORTABLY AHEAD OF PRIOR PERIOD​.‍HY REVENUE IS EXPECTED TO BE AHEAD OF PRIOR PERIOD​.‍HY RECURRING INCOME AS A PERCENTAGE OF TOTAL OPERATING INCOME IS EXPECTED TO BE APPROXIMATELY 75%​.‍UNCERTAINTY EXPECTED TO CONTINUE INTO SECOND HALF OF GROUP'S FINANCIAL YEAR​.

Rothschild & Co Q1 revenue up at 409 million euros

Wednesday, 9 Aug 2017 11:56am EDT

Aug 9 (Reuters) - ROTHSCHILD & CO SCA : :ROTHSCHILD GLOBAL ADVISORY: Q1 REVENUE DOWN 6% TO €225 MILLION (Q1 2016/2017: €240 MILLION) (ADDS DIVISION).Q1 REVENUE EUR ‍​ 409 MILLION VERSUS EUR 390 MILLION YEAR AGO.WE WOULD EXPECT OUR REVENUE FOR THE NINE MONTHS TO DECEMBER 2017 TO BE SLIGHTLY BELOW LAST YEAR’S LEVEL.ROTHSCHILD PRIVATE WEALTH & ASSET MANAGEMENT: Q1 REVENUE UP 40% TO €126 MILLION ‍​.ROTHSCHILD MERCHANT BANKING: Q1 REVENUE DOWN 16% TO €47 MILLION‍​.

WH Ireland sees "significant improvement" in H1 results

Wednesday, 21 Jun 2017 02:00am EDT

June 21 (Reuters) - WH Ireland Group Plc :Trading update & change of accounting ref date.First six months of financial year has seen further significant progression across company.Both divisions reporting strong momentum both in absolute terms and also relative to comparative period a year ago.First half figures will show a significant improvement on those for previous year.Corporate and institutional broking division has witnessed a significant increase in transactional revenue.Pipeline of new business is at highest that it has been for several years.At interim period end our assets under management and administration had increased to in excess of 3 billion stg.Remains cautiously optimistic in relation to rest of period despite obvious headwinds around both UK politics and economy.

Rothschild & CO FY overall revenue increased by 11%

Wednesday, 14 Jun 2017 12:23pm EDT

June 14 (Reuters) - ROTHSCHILD & CO SCA :NET INCOME - GROUP SHARE EXCLUDING EXCEPTIONALS OF €193 MILLION, UP 43% (2015/2016: €135 MILLION).FY EARNINGS PER SHARE (EPS) EXCLUDING EXCEPTIONALS OF €2.74 (2015/2016: €1.95) AND EPS INCLUDING EXCEPTIONALS OF €2.64.NET INCOME - GROUP SHARE INCLUDING EXCEPTIONALS OF €186 MILLION, DOWN 20% (2015/2016: €232 MILLION).DIVIDEND OF €0.68 PER SHARE, UP 8%.OVERALL REVENUE FOR THE YEAR 2016/2017 INCREASED 11% TO €1,767 MILLION (2015/2016: €1,589 MILLION).FY OPERATING INCOME EUR 429 MILLION VERSUS EUR 319 MILLION YEAR AGO.OVERALL REVENUE FOR THE FOURTH QUARTER BY 13% TO €487 MILLION (Q4 2015/2016: €433 MILLION).OUTLOOK FOR THE CURRENT FINANCIAL YEAR OF NINE MONTHS REMAINS POSITIVE.CHANGE OF YEAR END FROM 31 MARCH TO 31 DECEMBER, STARTING FOR THE NINE MONTHS TO DECEMBER 2017.EXPECT THE M&A MARKET OVERALL TO BE ACTIVE FOR THE REST OF 2017.FORESEE STRONG POTENTIAL FOR GROWTH FOR OUR FRANCHISE OVER THE NEXT FEW YEARS IN THE US.IN MERCHANT BANKING, REMAINS CONFIDENT THAT ASSETS UNDER MANAGEMENT WILL CONTINUE TO GROW DUE TO THE SUCCESSFUL LAUNCH OF DEBT AND EQUITY FUNDS.REGARDING BREXIT, FACE AN EXTENDED PERIOD OF UNCERTAINTY..REGARDING BREXIT, THE BIGGEST RISK FOR OUR BUSINESS IS THE IMPACT ON THE UK ECONOMIC ENVIRONMENT..BELIEVE THAT OVERALL, BREXIT WILL NOT BE A SIGNIFICANT CHALLENGE FOR THEIR BUSINESS..

SBI Holdings unit SBI AXES to fully acquire 3 other units

Friday, 31 Mar 2017 04:43am EDT

SBI Holdings Inc <8473.T>: Says its unit SBI AXES, will fully acquire 3 other units including SBI Social Lending Co Ltd, SBI Remit Co Ltd and SBI Business Solution Co Ltd on April 18 .Says SBI AXES will change company name into SBI FinTech Solutions Co Ltd on July 1.

Credit Suisse says reaches settlement with U.S. DOJ over mortgage-backed securities matter

Wednesday, 18 Jan 2017 01:07pm EST

Credit Suisse Group Ag : Credit Suisse says reaches settlement with U.S. Department of Justice regarding legacy residential mortgage-backed securities matter . Credit Suisse says under the terms of the settlement, Credit Suisse will pay to the DOJ a civil monetary penalty of USD 2.48 billion . Credit Suisse says in addition, Credit Suisse will provide consumer relief totaling USD 2.8 billion within five years post settlement .Credit Suisse says will take a pre-tax charge of approximately USD 2 billion in addition to its existing reserves of USD 550 million against this matter, this charge will be taken in its 4Q 2016 financial results.

Credit Suisse CEO says bank in perfectly adequate capital position -BBG TV

Thursday, 28 Jul 2016 02:00am EDT

: Credit Suisse CEO Thiam says in short term no immediate impact from Brexit - Bloomberg TV . Credit Suisse CEO Thiam says bank in perfectly adequate capital position Further company coverage: [CSGN.S] (Reporting by Zurich Newsroom) ((zurich.newsroom@thomsonreuters.com; +41 58 306 7336;)).

Evli Pankki statutory personnel negotiations completed

Thursday, 23 Jun 2016 01:25am EDT

Evli Pankki Oyj : Said on Wednesday statutory personnel negotiations that started in the end of May and that concerned Evli's equity business activities in the Capital Markets unit have been completed . The negotiations will result in a reduction of five employees in the Capital Markets business unit .The reductions will be made through internal relocations and severance packages.

Religare Enterprises to examine proposed reorganisation of operating businesses into 3 separate listed entities

Friday, 27 May 2016 07:54am EDT

Religare Enterprises Ltd : Management panel constituted to examine proposed reorganization of existing operating businesses into 3 separate listed entities .

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