Investcorp Reports Bumper 1995
The investment banking house Investcorp has announced 1995 results showing a 38% increase in net earnings to $70.3mn and a dividend held steady at $15mn. The improved profits put Investcorp back on the path of steady earnings growth after a dip in 1994 (following which the bank pulled out of proprietary trading). The improved earnings come after a year in which Investcorp sold all of its shares in the UK- based...
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