Close Brothers Group plc
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Michael Bartlett Morgan
- Full Time Employees
- 3,000
- Sector
- Financial Services
- Industry
- Financial - Capital Markets
- Address
- 10 Crown Place London United Kingdom EC2A 4FT
- IPO Date
- Nov 9, 2010
- Website
- closebrothers.com
- Similar Companies
- Business
- Close Brothers Group plc (CBG.L) is a leading UK-based merchant banking group that provides specialist lending, deposit taking, securities trading, and related financial services to small and medium-sized enterprises, individuals, and institutional clients. The company operates primarily through its Banking division, which offers asset finance, premium finance including insurance premium funding, motor finance, property finance, and commercial loans; Securities division, featuring market-making and execution services through Winterflood; and deposit-taking services via Close Brothers Savings for personal and business savers. Founded in 1878 and headquartered at 10 Crown Place, London, the group focuses on the UK market with targeted support for sectors such as aviation, agriculture, and commercial insurance brokerage. Recent strategic changes include the completion of the sale of its wealth management business, Close Brothers Asset Management, to funds managed by Oaktree Capital Management on 28 February 2025, with the unit rebranded as TrinityBridge; an agreement in July 2025 to sell Winterflood Securities to Marex Group plc for approximately 103.9 million pounds, expected to close in early 2026 to sharpen focus on core lending; a five-year exclusive premium finance partnership renewal with Hedron in January 2024; and an agreement to sell Close Brewery Rentals Limited to MML Capital Partners. These transactions simplify the group's structure, bolster its capital position, and emphasize specialist banking operations.
Close Brothers restructuring savings expected to beat guidance
Close Brothers will not take legal action against Britain's car finance redress scheme, Sky News reports
Close Brothers expects £320m hit from new FCA motor finance scheme
Britain's Close Brothers flags $430 million motor finance cost
UBS upgrades Close Brothers to buy with 555p target as motor redress fears seen overdone
Close Brothers upgraded to buy as broker calls Viceroy sell-off overdone
Close Brothers Group plc (CBGPY) Q2 2026 Earnings Call Transcript
Close Brothers plans job cuts after profits dented by motor finance hit
UK's Close Brothers to cut 600 jobs by 2027
Close Brothers' shares tumble after being targeted by short seller; firm counters claims
Close Brothers jumps 6% after RBC upgrades bank on cost-cutting scope
Close Brothers completes sale of Winterflood to Marex
Close Brothers lifts motor finance charge by about $180 million
Close Brothers Group plc (CBGPY) Q4 2025 Earnings Call Transcript
Close Brothers warns on lending margins as shares fall 5%
British lender Close Brothers' annual profit beats estimates despite motor finance probe
Close Brothers drops 5% after RBC downgrade on capital and margin concerns
Close Brothers pops 30%, Lloyds surge after favourable motor finance ruling
Close Brothers agrees £104 million sale of Winterflood to Marex
UK's Close Brothers to sell Winterflood to Marex for $140 million