Investec names Cumesh Moodliar as new head of banking
21st Aug 2023 09:50
(Sharecast News) - Anglo-South African financial services group Investec has named long-serving banker Cumesh Moodliar as the new chief executive of its banking arm.
Read moreInvestec reports strong year despite challenging backdrop
18th May 2023 12:04
(Sharecast News) - Investec released its final results on Thursday, reporting that despite a challenging macroeconomic backdrop, it achieved a strong financial performance.
Read moreInvestec wealth arm to merge with Rathbones in £839m deal
4th Apr 2023 07:18
(Sharecast News) - The UK wealth business of Investec and Rathbones have agreed to merge in an £839m all-share deal, the two companies said on Tuesday.
Read moreInvestec sees jump in FY profits, boosted by rising interest rates
16th Mar 2023 08:22
(Sharecast News) - Investec said on Thursday that it expects to report a jump in full-year operating profit as it benefits from continued client acquisition, rising global interest rates and higher average advances.
Read moreInvestec launches £350m share buyback as profits jump
17th Nov 2022 08:19
(Sharecast News) - Investec unveiled a £350m share buyback programme on Thursday following a jump in half-year revenues and profits.
Read moreInvestec sees rise in first-half profit
23rd Sep 2022 07:32
(Sharecast News) - Wealth manager Investec said on Friday that it expects to post a jump in first-half profit as it hailed the diversity of its revenue streams.
Read moreDirector dealings: Investec CEO cashes in £1.14m after recent share growth
10th Aug 2022 16:47
(Sharecast News) - Investec's chief executive enjoyed a £1.14m payday, it emerged on Wednesday, after selling almost a quarter-million shares on the open market.
Read moreInvestec annual EPS hits top end of guidance
19th May 2022 08:07
(Sharecast News) - South African lender Investec almost doubled annual profits, driven by loan growth and a rise in funds under management.
Read moreDirector dealings: Investec CEO makes £2.8m sale to new Mauritian entity
24th Mar 2022 15:27
(Sharecast News) - Investec was at the top of the list of director dealings on Thursday, after it disclosed a sale made by its chief executive officer to a Mauritius-domiciled company linked to him.
Read moreInvestec lifts guidance on post-pandemic recovery
18th Mar 2022 07:39
(Sharecast News) - South Africa bank Investec lifted full-year profit guidance, driven by the post-pandemic economic recovery.
Read moreSunday newspaper round-up: Swift, Peace talks, Nuclear deterrent
27th Feb 2022 16:23
(Sharecast News) - The US, UK, European Union and Canada have decided to block Moscow's access to the Swift international banking system. In a statement issued by the White House, the countries said: "[Vladimir] Putin's war of choice and attacks on the sovereign nation and people of Ukraine. We will hold Russia to account and collectively ensure that this war is a strategic failure for Putin." - Guardian
Read moreInvestec to retain 10% stake in Ninety One
21st Feb 2022 10:02
(Sharecast News) - Wealth manager Investec has laid out its plans to distribute 15% of its shares in Ninety One to shareholders.
Read moreInvestec lifts earnings guidance after strong first half
18th Nov 2021 07:24
(Sharecast News) - Investec reported first half revenue growth of 30.5% on Thursday, to £951.1m, which it put down to "strength" in its client franchises and improved market conditions, as it lifted its earnings guidance for the full year.
Read moreWealth manager Investec lifts EPS guidance
8th Nov 2021 08:31
(Sharecast News) - Wealth manager Investec lifted its earnings per share guidance for the first half of 2022 on Monday.
Read moreInvestec lifts earnings guidance, sees rise in interims
23rd Sep 2021 08:01
(Sharecast News) - Wealth manager and banking group Investec on Thursday raised its earnings outlook driven by strong revenue growth and lower impairments.
Read more