Financial Services Roundup: Market Talk

The latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.

0900 GMT – Intermediate Capital Group’s investment company’s first-half returns of GBP159 million beat consensus of GBP100 million, with its pretax profit of GBP79 million also above the top end of the consensus range—which was GBP39 million—Jefferies analysts say in a note. “Although the market tends to ascribe less weight to positive results at the [investment company], this does demonstrate resilience in the portfolio, and is reflective of wider returns to the group’s clients,” the analysts say. Shares are up 4.1% at 1,517 pence.(anthony.orunagoriainoff@dowjones.com)

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