Isle of Man News last updated 28 April 2017 12:17:28

Continued strong growth for Nedbank Private Wealth

POSTED Thu at 10:50 am

Impressive new business flows and client satisfaction levels drive continued strong growth at Nedbank Private Wealth. Nedbank Private Wealth, the multi-award-winning private bank and wealth manager, has once again announced strong growth in new business flows and profits, this time for the financial year ending 2016.   Growth in profit after tax was up 52% on the prior year in its wealth division, although this was distorted by a one-off extraordinary item in 2016. Nevertheless, when this is factored out, the underlying business growth still exceeded 20% for the third consecutive year.                                                 Excluding the extraordinary item, income was up over 16% as a result of steady growth in lending and strong...

Business lunch sees mayor call for an ‘inclusive Douglas…a town for everyone’

POSTED Thu at 10:47 am

Douglas is a town driven by the council’s vision to become ‘a town for everyone’, and one ‘that works for the community at large’ the Mayor of Douglas, John Skinner, has said. He was speaking at the annual mayor’s business lunch at Douglas town hall where guests heard him refer to the council’s ‘ambitious vision’ to engage and work with all sectors of the community. ‘Not only with retailers and businesses, but also with our government partners, with schools, with youth, sports and performing arts groups and, importantly, with the voluntary or third sector, agencies which are fast becoming increasingly more recognised and in demand for their expertise and closer understanding of the people they serve.’ The council was committed to gaining...

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