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Firm claims financial crisis will hit profits

Published 04/10/2011

Stockbroker Charles Stanley has warned that the impact of recent financial turbulence will leave half-year profits lower than a year ago.

The group said its securities division in particular had been hit by the dire . The FTSE 100 Index had its worst quarter for nine years in the three months to September and this affected commissions earned on share trading as big investors shied away from the market.

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