Close Brothers' shares are down by around a third since the Financial Conduct Authority announced in January that it would ...

Close Brothers Group Plc has agreed to sell its wealth unit to Oaktree Capital Management for an equity value of as much as ...

Revenue: UK£926.8m (up 15% from FY 2023). Net income: UK£89.3m (up 10% from FY 2023). Profit margin: 9.6% (in line with FY 2023). EPS: UK£0.60 (up from UK£0.54 in FY 2023). Cost-to-income ratio: 71.0% ...

Close Brothers Group PLC (CBGPY) reports significant growth in key financial metrics and strategic moves to strengthen its ...

Close Brothers will sell its asset management arm to Oaktree in a deal worth up to £200mn. The sale of Close Brothers Asset ...

Close Brothers Group has agreed to sell its wealth management unit, Close Brothers Asset Management (CBAM), to private equity ...

Close Brothers agreed to sell its wealth-management business to funds managed by Oaktree Capital Management for an equity value of up to 200 million pound ($264.2 million) as it works to trim ...

In a report released yesterday, Benjamin Toms from RBC Capital maintained a Buy rating on Close Brothers Group (CBGPF – Research Report), ...

Oaktree Capital Management has agreed to buy Close Brothers Group’s wealth management unit Close Brothers Asset Management (CBAM) for up to £200 million ($265 million; €237 million).

The sale of Close Brothers Asset Management (CBAM) to funds managed by Oaktree Capital Management is expected to be completed ...

Close Brothers has agreed to sell its asset management branch to Oaktree for £200m, with the deal expected to complete early ...

The bank said it had sold Close Brothers Asset Management to Oaktree Capital Management in a deal which could rise to £200m ...