More than 12 years after the global financial crisis, Investec has finally worked a portfolio of bad debts out of its system.

Only, its decision to push structured products had come back to bite it — and led to a big increase in costs for the UK division of the specialist bank...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now