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

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 [email protected] or view our subscription options here: http://subscriptions.fxweek.com/subscribe

You are currently unable to copy this content. Please contact inf[email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: