Edition:
United States

Investec PLC (INPJ.J)

INPJ.J on Johannesburg Stock Exchange

9,030.65ZAc
19 Oct 2018
Change (% chg)

-110.35 (-1.21%)
Prev Close
9,141.00
Open
9,150.00
Day's High
9,192.00
Day's Low
8,968.00
Volume
2,025,434
Avg. Vol
1,568,041
52-wk High
10,639.00
52-wk Low
8,280.00

Latest Key Developments (Source: Significant Developments)

Investec Plc Say Stephen Koseff,Bernard Kantor to step down
Tuesday, 6 Feb 2018 02:24am EST 

Feb 6 (Reuters) - Investec Plc ::‍GLYNN BURGER, GROUP RISK AND FINANCE DIRECTOR, WILL RETIRE ON 31 MARCH 2019​.CEO ‍STEPHEN KOSEFF AND MANAGING DIRECTOR BERNARD KANTOR WILL STEP DOWN FROM THEIR ROLES ON 1 OCTOBER 2018​.INVESTEC - HENDRIK DU TOIT FOUNDING CEO OF INVESTEC ASSET MANAGEMENT AND EXECUTIVE DIRECTOR OF GROUP SINCE DECEMBER 2010, WILL BE APPOINTED AS CEO DESIGNATES ON APRIL 1.KOSEFF AND KANTOR WILL WILL CONTINUE TO SERVE AS EXECUTIVE DIRECTORS UNTIL 31 MARCH 2019.INVESTEC - ‍FANI TITI WILL BE APPOINTED AS CEO DESIGNATES ON 1 APRIL 2018​.INVESTEC - ‍ON OCT 1 FANI TITI AND HENDRIK DU TOI​ WILL BECOME JOINT CEOS OF GROUP.INVESTEC - ‍KIM MCFARLAND WILL TAKE OVER AS GROUP FINANCE DIRECTOR ON 1 APRIL 2019​.‍FANI TITI WILL STEP DOWN AS GROUP CHAIRMAN ON 31 MARCH 2018​.INVESTEC - ‍FANI TITI WILL STEP DOWN AS CHAIRMAN OF INVESTEC BANK LIMITED ON 1 APRIL 2018, WITH KHUMO SHUENYANE ASSUMING THIS POSITION​.  Full Article

Investec says H1 net interest income of 364.3 mln pounds
Thursday, 16 Nov 2017 02:00am EST 

Nov 16 (Reuters) - INVESTEC: :H1 NET INTEREST INCOME OF 364.3 MILLION STG VERSUS 313.5 MILLION STG YEAR AGO ‍​.H1 PROFIT BEFORE TAXATION OF 326.3 MILLION STG VERSUS 290.7 MILLION STG YEAR AGO ‍​.‍DECLARED A DIVIDEND OF 10.5 PENCE PER ORDINARY SHARE (2016: 10.0 PENCE)​.H1 ONGOING OPERATING PROFIT INCREASED 10.5% TO GBP347.5 MILLION (2016: GBP314.5 MILLION) - AN INCREASE OF 0.9% ON A CURRENCY NEUTRAL BASIS​.H1 ‍ONGOING ADJUSTED EPS BEFORE GOODWILL, ACQUIRED INTANGIBLES AND NON-OPERATING ITEMS INCREASED 14.8% FROM 25.7 PENCE TO 29.5 PENCE​.  Full Article

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​.  Full Article

Investec sees FY revenue ahead of last year
Tuesday, 14 Mar 2017 05:49am EDT 

Investec Plc : Significant macro events over financial year have impacted group's operating environment . Possibility of a hard Brexit continues to create uncertainty and could impact overall levels of economic growth . South African economy has been weak as politics continue to dominate developments . FY revenue is expected to be well ahead of prior year . FY impairments are expected to be in line with prior year . FY expenses are expected to grow marginally faster than revenue . For year to March 31 2017, common equity tier 1 ratio is expected to remain slightly below group's target of 10 pct for Investec Limited . For March 31 2016 to Feb. 28 2017: - third party assets under management increased 24.3 pct to 151.2 bln stg- up 13.9 pct on a currency neutral basis . Operating profit is expected to be comfortably ahead of prior year . FY capital ratios are expected to be within group's target total capital adequacy range . For the period March 31 2016 to Feb. 28 2017, customer accounts (deposits) up 23.1 pct to 29.6 bln stg, up 5.5 pct on a currency neutral basis . For year to March 31 2017 common equity tier 1 ratio is expected to remain ahead of target for Investec Plc . For the period 31 march 2016 to Feb. 28 2017, core loans and advances up 27.1 pct to 23.0 bln stg, up 7.2 pct on a currency neutral basis..  Full Article

Investec says FX probe confined to a single trader
Friday, 17 Feb 2017 08:39am EST 

Investec Plc : Has received complaint referral lodged by Competition Commission. . Note that case against Investec Limited is confined to conduct of a single trader who is employed by bank. . Intends to seek further information from Competition Commission with respect to specifics of charges in order to continue to co-operate with them Further company coverage: [INVP.L] (Bengaluru Newsroom: +91 80 6749 1136).  Full Article

UPDATE 3-Investec asset management spin off plan lifts shares

* Unit has $143 billion under management (Adds more detail, updates management quote, share price)

No consensus analysis data available.