U.K. stocks declined, after the benchmark FTSE 100 Index posted its first weekly gain in a month, as a drop in BG Group Plc outweighed a report that showed Chinese exports rose more than estimated.
Brewin Dolphin Holdings Plc, a U.K. stockbroker and fund manager, climbed as much as 6 percent in London trading as rising fee income offset the effect of a ban on commissions paid by fund managers.
N+1, a Spanish investment bank, purchased 51 percent of Brewin Dolphin Holdings Plc ’s investment bank, Expansion said, citing N+1 Chairman Santiago Eguidazu.
Brewin Dolphin Plc , a British fund manager and stockbroker, said fiscal first-half profit declined 19 percent after it paid 6.1 million pounds ($9.9 million) to compensate clients of an unrelated company.
Brewin Dolphin Holdings Plc, a U.K. stockbroker and fund manager, said it’s expecting tough market conditions to continue after reporting a 3.4 percent rise in funds under management.
Brewin Dolphin Holdings Plc , a U.K. stockbroker and fund manager, said first-half profit rose 36 percent, boosted by higher management fees and investment- banking revenue as markets rebounded.
Brewin Dolphin Holdings Plc may be considering selling its investment banking unit, the Sunday Telegraph said, without saying where it got the information.
Brewin Dolphin Holdings Plc, a U.K. stockbroker and fund manager, said commission income fell 24 percent in its fiscal first quarter as the market was “generally subdued.”
Brewin Dolphin Holdings Plc named former Morgan Stanley executive David Nicol chief executive officer after Jamie Matheson s tepped down after eight years as executive chairman.
The following is a list of companies that may have unusual share-price changes in U.K. and Irish markets. Stock symbols are in parentheses and prices are from the last market close.
"We are pursuing an active role with the regulator and the Treasury regarding the need to put in place proper mechanisms to avoid in the future such substantial levies on your company and our peers."
- Brewin Dolphin on May 25, 2011
Brewin Dolphin’s Lenhoff Confident About Europe
Lenhoff on Earnings, Silva on European Banks: First Word
Lenhoff on U.K. Elections, Ladwa on Stocks: First Word