St James’s Place in Turmoil: Shocking Losses & Share Plunge Explained

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Troubled wealth manager St James's Place reported its final results, for the year ending December 2023 this morning, and numbers have shocked the city.
Terrible Results
The company posted a net loss of -£9.90 million compared to 2022s £407.20 million profit.

The annual loss is due to a £426.0 million provision, against what the firm called “cl...

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