LSE:CBG - Close Brothers Group PLC Close Brothers Group plc
Sector: Financials, Industry: Regional Banks
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GBX 476    -3.4 (-0.71%)

3 May 2024


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General

CEO: Mr. Edward Manolos

Headquarters: GB

Employees: 4,000

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Description

Close Brothers Group PLC is a merchant banking group providing lending, deposit solutions, wealth management services, and securities trading. The company mostly provides services to small businesses and individuals in the United Kingdom. Its strategy focuses on niche markets to drive high levels of repeat business with clients. The company distributes its service offerings with a direct salesforce and an intermediated distribution network. Its banking division provides asset, invoice, motor, premium, and property finance. Close Brothers' security business is primarily a liquidity provider to U.K. retail stockbrokers and institutions. The group's asset management division offers financial planning and investment management services.

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