Investec sets aside £30m for FCA motor finance review May 23, 2024 London-listed South African banking group Investec has set aside £30m to cover potential costs from a City regulator probe into unfair car loans that could leave the motor finance industry on the hook for billions in compensation fees.
What lessons can business learn from the Investec Champions Cup? May 22, 2024 As Leinster and Toulouse get set for their Investec Champions Cup showdown this weekend, what lessons can business learn from rugby? Tim Burnell, Chief Marketing Officer of UK & International at Investec Bank takes a look. Success in business and sport is much more than a numbers game. Profit figures and points tallies are important, [...]
Investec Champions Cup finalists Leinster and Toulouse have varied preparations May 19, 2024 The four clubs set to contest this weekend’s Investec Champions Cup and European Challenge Cup had mixed fortunes in their domestic leagues at the weekend as each side prepares for the showpiece finale at Tottenham Hotspur Stadium on Friday and Saturday night. The English team Gloucester will face South African franchise the Sharks on Friday [...]
Rathbones merger with Investec Wealth ‘progressing well’ but outflows ‘elevated’ May 9, 2024 "The integration of IW&I is progressing well with run-rate synergies now £10.6m, up from the £8.0m reported at 31 December 2023," Stockton said.
Champions Cup sponsors Investec team up with School of Hard Knocks charity April 11, 2024 Investec, the leading financial services group and title sponsor of the Investec Champions Cup, has today announced a three-year partnership with School of Hard Knocks (SOHK), a social inclusion charity that uses sport to teach valuable skills to underprivileged people. Through the partnership, Investec will provide participating children with career insights and development days. It [...]
Investec launches £250m real estate fund… But not for retail investors March 27, 2024 The strategy, called 'REALIS,' is aimed at institutional investors and high-net-worth individuals rather than retail investors.
Investec expects double-digit earnings growth after year of change March 20, 2024 In the past few years Investec also spun off its wealth management business Ninety One and sold its remaining 15 per cent stake in 2021.
Rathbones sees higher outflows as Investec Wealth merger ‘progressing well’ March 6, 2024 Rathbones' funds under management and administration came in at £105.3bn, compared with £60.2bn in 2022. This figure included £42.2bn from IW&I.
Investors flee bonds and stocks to cash as interest rates stay high March 4, 2024 UK retail investors are increasing flocking to cash over other investments as interest rates remain at sky-high levels. Interest rates are at their highest level in over 15 years, at 5.25 per cent, leaving many investors to see a guaranteed return on cash as more appealing than stocks or bonds. UK households now hold 31 [...]
Saga surges towards profit in ‘stronger than expected’ six months January 30, 2024 Over 50s specialist Saga reported a “stronger than expected” six months this morning after announcing last week that it was looking to sell a stake in its cruise business to cover its debts. In a trading update, Saga revealed that over the last six months, revenues increased by between 10 to 15 per cent, while [...]