Craigs Investment’s Craig sees more placements this year; firm posts 7.5 percent profit gain

Fri, 22 Mar 2013

March 22 (BusinessDesk) – Neil Craig, chairman of brokerage Craigs Investment Partners, says 2013 may continue to be a busy year for placements as a rising share market stokes demand and investors continue to chase yield in the face of low interest rates. The brokerage that’s half owned by Deutsche Bank lifted profit in 2012 by 7.5 percent to $5.7 million, according to its annual accounts filed with the Companies Office. Annual revenue fell to $74.7 million from $75 million. Craigs was tracking behind 2011 for the first seven months of last...

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