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London - Investment bank, Bridgewell Group Plc reported today that its revenue for the year ended 31st December 2006 was expected to stand at £30m. The groups operating costs before bonuses are expected to be in line with expectations.
Some Board changes were also announced by the group. Rennie McConnochie has steeped down as Chief Executive is expected to be replaced by Jim Renwick, Head of Equity Capital Markets. Alan Watson is expected to be made Deputy Chief Executive
The Board of Bridgewell said that the business was strengthened during the last for months and that I had “powerful momentum behind it” for 2007.
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