Investec PLC (INVP.L)
20 Jul 2018
Thu, May 17 2018
JOHANNESBURG, May 17 Anglo-South African investment bank and asset manager Investec Plc reported an increase in operating profit on Thursday, with funds managed by its asset management business topping 100 billion British pounds ($135 billion) for the first time.
* OVER LAST YEAR BREXIT AND POLITICAL UNCERTAINTY HAS CONTINUED TO IMPACT CORPORATE AND CONSUMER CONFIDENCE IN UK AND IN SOUTH AFRICA
* Fani Titi, Hendrik du Toit picked as joint CEOs (Adds analysts comment, details)
JOHANNESBURG, Feb 6 Investec's outgoing Chief Executive Stephen Koseff said on Tuesday there would be "no dramatic shift" in the strategic direction of the company following his retirement.
* GLYNN BURGER, GROUP RISK AND FINANCE DIRECTOR, WILL RETIRE ON 31 MARCH 2019
JOHANNESBURG, Feb 6 Stephen Koseff, the entrepreneur who co-founded Anglo-South African investment bank and asset manager Investec, will step down as chief executive in October, the company said.