
Hambros And Warburg Report Drop In Profits
BANKS
Hambros Bank and S.G. Warburg Group both reported lower interim earnings last week, but cited foreign exchange and treasury operations as a bright spot. The two have fiscal years with the half ending September 30--which enabled September's huge volumes and volatility to be included.
Hambros, a wholesale bank with a well-regarded foreign exchange division, reported that pretax profits fell by one third in its first half, from £37.6 million in 1991 to £25 million this year, chiefly due to a higher
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe
You are currently unable to print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.
You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@fx-markets.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@fx-markets.com