Investec Emphasises Its Stability
All Africa (Free subscription) | 09/19/2008
... just ahead of the company's closed period starting at the end of this month, Investec CE Stephen Koseff said Kensington had put in a stable performance in the six months to September and that the head count had been reduced "significantly".Bad debt provisions at Kensington were based on the assumption that house prices in the UK would fall about 35% from this year to next year.Kensington's...
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