European rugby chairman: Champions Cup is roaring back December 6, 2023 EPCR chairman Dominic McKay on why the Champions Cup is on the up.
Investec’s UK business sees 41 per cent surge in profit, announces record dividend November 16, 2023 Investec announced in April that its wealth and management division would combine with Rathbones in a £839m tie-up.
Investec expects strong UK performance to drive earnings growth – but flags credit losses September 22, 2023 Banking and wealth management group Investec expects its UK business to ensure earnings growth but warned that credit losses will be towards the higher end of expectations. In a trading update for the first half of the year, the bank forecasts its headline earnings per share to be between six per cent and 12 per [...]
Investec hand rugby vote of confidence with Champions Cup sponsorship August 31, 2023 Investec has handed rugby a much-needed vote of confidence by striking a five-year deal to replace Heineken as sponsor of the Champions Cup. Europe and South Africa’s premier club competition has been without a sponsor since the Dutch beer brand, involved since 1995, stepped away from the title association in June. It represents a huge [...]
Investec Wealth and Rathbones tie-up gets green light from regulators August 2, 2023 Investec confirmed today that the proposed merger of Rathbones and its Wealth & Investment arm has secured regulatory approval. In a statement this morning, Investec said “all regulatory clearances in connection with the combination have been received”. The financial services firm said it expects the deal to be completed on 21 September provided the City [...]
Bumper UK growth pushes Investec upwards despite volatile global markets May 18, 2023 Investec’s profit climbed in 2023 thanks to rising interest rates but the bank also saw its funds under management slip amid a volatile environment. Investec’s adjusted operating profit rose 21.6 per cent to £835.9m reflecting growth in both of Investec’s main markets. In the UK, profit rose by over 30 per cent while in South [...]
Rathbones partners up with Investec Wealth to create £100bn money manager April 4, 2023 Rathbones has snapped up Investec's wealth arm today in a move which will create one of the UK's top money managers with £100bn assets under management.
Investec profits set for £100m hike with bank latest to enjoy a boost from rising interest rates March 16, 2023 Banking and wealth management group Investec said it would report a significant increase in profit compared to last year, with rising interest rates boosting the firm’s bottom line. Releasing a statement ahead of the bank’s year-end on 31 March, Investec expects to report an adjusted operating pretax profit of between £782.8m and £833.6m. Last year’s [...]
London’s unicorns: City’s tech start-ups are bringing in the big bucks December 21, 2022 London’s tech start-ups have had a turbulent 2022. But while some of the original tech players in the city have struggled with rising costs and depleting revenues, newer unicorns are making moves. Here are the five London start-ups that made their mark this year, and are to be watched out for in 2023. OakNorth Valued [...]
Investec rolls out £350m share buyback as revenues jump November 17, 2022 Investec said it would roll out a share buyback programme today