Fresh from reporting preprovision adjusted operating profit of more than £1bn (R24bn) for the first time in its 50-year history, Investec, the niche private banking and wealth management group, is ramping up growth initiatives in its anchor geographies, SA and the UK.

The group, in its growth blueprint, said it was transitioning to end-to-end corporate banking in its UK business by adding transactional banking capabilities...

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