Investec PLC (INPJ.J)
20 Sep 2019
Fri, Sep 20 2019
LONDON Anglo-South African financial services company Investec said its first-half profit will be lower than a year ago due to a jump in restructuring costs and as global trade tensions and Brexit roil its key markets.
* London-listed shares down 6.1% (Recasts, adds detail, background, bullet points, updates shares)
JOHANNESBURG, Aug 7 Investec has received full key regulatory approvals for the proposed spin-off and separate listing of its asset management unit, which it now expects to complete in the first quarter of next year, it said on Wednesday.
** Shares of wealth management provider Brewin Dolphin up 2% at 312 pence
SYDNEY, June 27 Investec Plc will open a branch in Australia in a push to expand its international network, the bank said on Thursday.
* Reports 3.6% rise in earnings, shares flat (Adds details, share price, bullets, updates quotes)
JOHANNESBURG, May 16 South African financial services group Investec reported a 3.6% rise in full-year earnings on Thursday amid a "challenging" environment in its two main markets, South Africa and Britain.
LONDON Britain's Brewin Dolphin has agreed to buy Investec's Irish wealth business for 44 million euros ($49 million) in cash in a deal it said on Friday would make it one of the country's top-three wealth managers.
LONDON, May 10 Britain's Brewin Dolphin has agreed to buy Investec's Irish wealth business for 44 million euros ($49 million) in cash in a deal it said on Friday would make it one of the country's top-three wealth managers.
British wealth manager Brewin Dolphin said on Sunday it is in talks to acquire Investec's wealth management business in Ireland.