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Close Brothers Group Plc (CBGPY)

Market Closed
5 Dec, 20:00
OTC PINK OTC PINK
$
11. 02
0
0%
$
678.7M Market Cap
4.82 P/E Ratio
4.18% Div Yield
0 Volume
0 Eps
$ 11.02
Previous Close
Day Range
11.02 11.02
Year Range
5.03 15.03
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UK's Close Brothers to sell Winterflood to Marex for $140 million

UK's Close Brothers to sell Winterflood to Marex for $140 million

British lender Close Brothers said on Friday it has agreed to sell market maker Winterflood Securities to financial services company Marex Group for approximately 103.9 million pounds ($140.20 million) in cash.

Reuters | 4 months ago
Close Brothers bolsters capital ratios before landmark motor finance judgment

Close Brothers bolsters capital ratios before landmark motor finance judgment

Close Brothers' total capital ratio rose by 80 basis points to 18% in the quarter to the end of April, as it bolstered its finances pending a ruling that may force the bank and others to pay out millions of pounds in redress to motor loan customers.

Reuters | 6 months ago
Close Brothers, Lloyds fall; traders cite UK court decision on motor finance

Close Brothers, Lloyds fall; traders cite UK court decision on motor finance

Shares in British lenders Close Brothers and Lloyds Banking group fell on Monday, with traders and analysts citing reports that the Treasury has been blocked from intervening into the Supreme Court review of the motor finance misselling case.

Reuters | 9 months ago
UK's Close Brothers reserves $205 million for motor finance claims

UK's Close Brothers reserves $205 million for motor finance claims

Close Brothers has set aside up to 165 million pounds ($205 million) to cover costs related to motor finance claims, the British lender said on Wednesday, the first time it has estimated the potential impact of a ruling on unlawful commissions.

Reuters | 9 months ago
UK's Close Brothers names new Group CEO

UK's Close Brothers names new Group CEO

British lender Close Brothers on Tuesday named Mike Morgan as its new Group CEO and said chief executive Adrian Sainsbury was leaving the company to focus on his health after a period of medical leave.

Reuters | 11 months ago
Lloyds, Close Brothers fall after UK motor finance ruling

Lloyds, Close Brothers fall after UK motor finance ruling

Shares in Lloyds and Close Brothers Group fell on Friday after London's Court of Appeal ruled that motor finance brokers owe duties to their customers.

Reuters | 1 year ago
Close Brothers Has Suspended Its Dividend: Should I Sell?

Close Brothers Has Suspended Its Dividend: Should I Sell?

In early 2024, Close Brothers' share price collapsed, and shortly after that, it suspended its dividend. I don't think I've made an obvious mistake by continuing to hold the shares today. The lesson I drew from Close Brothers was to not invest too heavily in any one industry.

Seekingalpha | 1 year ago