CAZENOVE Group, the parent company of the blue-blooded stockbroker of the same name, has...

CAZENOVE Group, the parent company of the blue-blooded stockbroker of the same name, has declared pre-tax profits of pound sterling9.6m in the six months to 31 October.

The holding company's new accounts, filed at Companies House, are not believed to be a full reflection of the performance of Cazenove as the results of its subsidiaries, including Cazenove & Co and Cazenove Services, have not been fully consolidated.

However, Cazenove's profits have suffered over the past 12 months as the UK stock market and corporate finance activity slowed down and reflect