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CAZENOVE EXTENDS ITS LEAD AS WILLIAMS DE BROE DROPS OUT

There was more continuity than change this quarter, particularly across the two 'size' tables where the usual suspects continue to rule the roost.
 
Cazenove again boasts the largest listed company clientele, extending its lead by a further seven company clients over second-placed UBS Warburg Ltd. HSBC retains third place ahead of the consistent Brewin Dolphin Securities Ltd. At the bottom end of the table, Williams de Broe drops out, as its total client figures no longer meet the 5% qualification needed to extend the rankings beyond the top ten stockbrokers.
 
Cazenove also continues to dominate the sector in terms of clients making the most profit. Hoare Govett, however, jumps one place to second, swapping positions with last quarter's runner-up, UBS Warburg Ltd.

There was much more movement in the 'growth' tables, with Beeson Gregory the biggest loser. Previously number one in both rankings, Beeson drops seven rungs to eighth in the fastest growing clients table, and two places to third place in the table ranking clients with the fastest increasing earnings. Old Mutual Securities, by contrast, jumps five places to fifth in the former table, and four places to fourth in the latter.


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