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Investec’s statement regarding historical German dividend tax arbitrage transactions (Cum-Ex)
In August 2018, Investec Bank plc (Investec) was notified by the Office of the Public Prosecutor in Cologne (CPO), Germany, that it and certain of its current and former employees may be involved in possible charges relating to historical involvement in German dividend tax arbitrage transactions (known as Cum-Ex transactions)
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About Investec
Investec partners with private, institutional and corporate clients, offering international banking, investment and wealth management services in two principal markets, South Africa and the UK, as well as certain other countries. The group was established in 1974 and currently has approximately 7,400+ employees. Investec has a dual-listed company structure with listings on the London and Johannesburg Stock Exchanges.