Higher profits in Investec's UK business led the firm to report an increase in the overall group's operating profits of 0.6% for the year ended 31 March 2016, despite the depreciation of the rand negatively impacting South African operating profits by 16.3%.
In its unaudited annual report, the group said the UK and other business reported a 20.9% increase in operating profit, despite "macro uncertainty and volatility in the group's key operating geographies...
Focus on digital disruption
Taking responsible investing more seriously
Median gender pay gap remains flat at 29%
Deadline for applications: 22 February
Industry Voice: Today Lyxor ETF interviews Lorenzo Bini Smaghi, Societe Generale Chairman and formerly "Italy's man at the ECB".