GLOBAL - Anglo/American financial services group Amvescap became the latest casualty of turbulent markets, reporting a "disappointing" 31% drop in gross profits, according to the firm.
Amvescap cited “extremely volatile market conditions” and the September 11 tragedy as causes for the slump. Gross profits amounted to £110.1m ($161.8m) compared to £159.4m ($235.9m) for the sam...
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