Investec PLC (INVP.L)
21 Nov 2014
|Market Cap (Mil.):||£5,538.78|
|Shares Outstanding (Mil.):||947.43|
JOHANNESBURG, Nov 20 - South African bank Investec reported an expected 14 percent rise in first-half earnings on Thursday as it benefited from a drop in bad loans and a boost in assets under management.
JOHANNESBURG, Nov 5 - Investec's 100 million rand ($9 million) exposure to the former furniture unit of failed South African lender African Bank Investments is guaranteed, a spokeswoman said on Wednesday.
Oct 15 - Investec Specialist Bank, a division of investment bank and asset manager Investec , said it appointed Christian Hess as head of its newly created financial sponsor transaction group.
JOHANNESBURG, Sept 19 - South African investment bank Investec expects an improved first half performance, boosted mainly by increased assets under management, the company said on Friday.
* Group results have been negatively impacted by depreciation of average rand: pounds sterling exchange rate of approximate
LONDON, Sept 15 - South African investment bank Investec has sold 540 million pounds ($877 million) of Irish mortgages to U.S. private equity firm Lone Star, marking its second deal this month to get rid of loans it not longer wants.
* Has reached an agreement to sell its Irish intermediated mortgage business Start Mortgage Holdings Ltd along with certain other Irish mortgage assets
JOHANNESBURG, Sept 10 - South African conglomerate Bidvest on Wednesday appointed Barclays and Investec as advisers for a possible listing of its food business on the London Stock Exchange.
* Sale does not include Irish operations (Adds details)
JOHANNESBURG, Sept 9 - South African investment bank Investec said on Tuesday it will sell its UK mortgage business for 180 million pounds ($290 million) to private equity firms Blackstone and TPG Capital, as part of a plan to offload non-core assets.