Previous close | 5.61 |
Open | 5.61 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 5.61 - 5.61 |
52-week range | 4.59 - 6.15 |
Volume | |
Avg. volume | 24 |
Market cap | 3.667B |
Beta (5Y monthly) | 1.05 |
PE ratio (TTM) | 5.50 |
EPS (TTM) | 1.02 |
Earnings date | N/A |
Forward dividend & yield | 0.38 (6.81%) |
Ex-dividend date | 17 Aug 2023 |
1y target est | N/A |
The investment bank Investec is to tell its staff to return to the office for four days a week as the Square Mile turns against home working.
LONDON (Reuters) -British asset manager Rathbones said on Tuesday it had agreed to acquire the UK wealth business of Investec in an all-share deal that values the unit at 839 million pounds ($1.04 billion). Rathbones CEO Paul Stockton said the sector was "ripe for consolidation", adding that recent volatility in the wider financial sector - including the failure of some U.S. regional lenders and the emergency rescue of giant wealth manager Credit Suisse - could present opportunities. "There's inevitably been a little bit of a flight to quality in some areas in the UK," Stockton said on a media call, adding the movements had not been material for either business so far.