trending Market Intelligence /marketintelligence/en/news-insights/trending/Xu2NdjxXtzgTTvap8-Qg8Q2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

LSE off to 'strong start' to 2016 as Q1 income rises YOY

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity


LSE off to 'strong start' to 2016 as Q1 income rises YOY

reported first-quarter total income of £613.8 million, compared to £603.0million in the same period in 2015.

Incomefrom continuing operations amounted to £387.6 million, up from £354.0 millionin the first quarter of 2015. Income from discontinued operations, whichinclude Russell InvestmentManagement Co. and Proquote, dropped to £226.2 million from £249.0 million.

Totalrevenue from capital markets rose to £92.4 million from £85.9 million in thefirst quarter of 2015. Total revenue from LCH.Clearnet Group Ltd. alsoincreased to £84.3 million from £73.9 million.

Nettreasury income through central counterparty businesses reached £27.9 millionin the first quarter, compared to £20.2 million in the year-ago period.

LSEGroup said its financial position has not materially changed from 2015-endfollowing normal-course bond coupon payments and ongoing investment in organicgrowth. It added that it has made a "strong start" to 2016, despitechallenging market conditions.