Investec PLC (INVP.L)
22 Sep 2014
|Market Cap (Mil.):||£5,249.25|
|Shares Outstanding (Mil.):||947.43|
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.
LONDON, Aug 6 - Two former Investec traders on Wednesday lost a three-year, 6 million pound ($10 million) battle over disputed bonuses in a case described by a London High Court judge as "fanciful" and "wholly incredible".
JOHANNESBURG, July 31 - South African investment bank Investec on Thursday reported a one percent rise in first-quarter operating income, while bad debt losses fell 17 percent.
* Operating costs increased by 1 pct compared to prior year. An increase of 9 pct on a currency neutral basis to the three months ended 30 June 2014