Edinburgh-based Baillie Gifford released annual results for its US Growth Trust, which has £785 million AUM, showing a -45% return over the past financial year.
Results
Fund manager abrdn has posted a £320 million pre-tax loss in its 2022 interim results, down from a £113m profit for the same period last year. The loss is attributed to global economic instability with fee based revenue falling 8% to £696m and adjusted operating profit 28% low
UK mutual insurer Royal London has announced profits of £109 million for H1 2022 in its interim results. The rise in operating profits before tax is an increase of 36.25% from £80m (H1 2021) and comes after 140,000 new pension policies were taken out by customers in the first half of the
Clydesdale bank owner Virgin Money UK PLC's Q3 results have revealed a 45% increase in account sales keeping profitability strong. The bank saw roughly 45,000 digital personal and business current accounts opened in Q3, as well as 160,000 new credit cards opened. This follows a record 175,000 new cr
HSBC has released its 2022 H1 results and reported profit after tax of $9.2 billion (£7.5bn). Pre-tax profit has fallen but has come ahead of expectations. The bank has said it expects net interest income of at least $31bn (£25bn) for 2022 and at least $37bn (£30bn) for 2023,
Diageo's interim results reported an 18.4% rise in pre-tax profit to £4.4 billion and net sales reached £15.5bn for H1. The growth in profit and sales is largely attributed to price increases and to consumers shifting away from wine and beer opting to buy more premium spirits -
NatWest released its H1 results today reporting an operating pre-tax profit of £1.4 billion.