Close Brothers profits slide despite rise in client assets
Operating profit fell to £113.5m from £234.8m
Companies
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Rathbones completes £839m Investec W&I UK deal
Ruth Leas and Henrietta Baldock to join the Rathbones board
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M&G wholesale asset management arm books £1.3bn net inflows
Despite assets falling to £332.8bn in the six months to the end of June
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FE Fundinfo acquires French-based firm
Adjuto bought for an undisclosed sum
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Hargreaves Lansdown profits and AUM rise as new CEO settles in
Net new business fell to £4.8bn from £5.5bn
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Brooks Macdonald profits dip 12.2% despite £1.3bn MPS inflow
Underlying profits dropped to £30.3m from £34.5m for the year to 30 June
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Quilter Cheviot rolls out investment management internships
University degrees were not a requirement for the programme
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Close Brothers unveils new regional hub
Cheltenham office opened in August
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Another Home Reit tenant enters liquidation
Supportive Homes CIC makes up 11.3% of rent demanded in August
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Atomos acquires London-based IFA
Equanimity Independent Financial Advisers offers advice predominantly to female high net worth clients
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Real estate stock exchange IPSX to close after four years
Its three listings are considering alternatives
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BRI Wealth Management acquires Singular Financial Planning
As it bids to reach £1bn AuM over the next few years
