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JRVR News2 articles
St. James's Place Recovers After AI-Driven Selloff, Focus Turns to Earnings
St. James's Place shares rose 2.6% in London trading, partially recovering from a 13.4% plunge triggered by AI tax tools from U.S. startup Altruist. Investors now await the wealth manager's full-year results on February 25.
St. James's Place Plunges Amid Renewed AI Disruption Fears
Shares of UK wealth manager St. James's Place tumbled nearly 9% in early London trading, extending a two-day decline as AI concerns rattled financial services stocks. Investors await the firm's February 25 results for updates on client flows and cash returns.