Cavendish: City investment bank warns of Budget ‘uncertainty’ Banking Cavendish is one of the City's newest investment banks, formed by the £43m merger of Cenkos and Finncap last September.
Cavendish slides to loss despite consistent growth Banking One of the City's newest investment banks has slashed its dividend after sliding into the red despite rapid growth. Cavendish raked in £48m in revenue in the year ended March 31, up nearly fifty per cent on the previous year.