Close Brothers Group Plc has agreed to sell its wealth unit to Oaktree Capital Management for an equity value of as much as ...
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' shares have fallen around a third since the FCA announced in January that it was reviewing car loans.
The Financial Conduct Authority launched a probe into the historical sale of loans by UK motor finance companies earlier this ...
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 ...
The bank said it had sold Close Brothers Asset Management to Oaktree Capital Management in a deal which could rise to £200m ...
With lessons learned from the pandemic and AI accelerating progress, UK-based merchant banking group Close Brothers is ...
Oaktree Capital Management has agreed to acquire Close Brothers Asset Management (CBAM) – the wealth management arm of Close ...
The chief executive of Close Brothers Asset Management will be temporarily taking medical leave from the business. The ...
Adrian Sainsbury, boss of merchant bank Close Brothers, has taken a "temporary medical leave of absence" from the business.
Close Brothers said operating pretax profit jumped in fiscal 2024, mainly on a fall in one-off charges and a increase in its loan book, and that it had sold its wealth-management business for around ...
In a report released yesterday, Benjamin Toms from RBC Capital maintained a Buy rating on Close Brothers Group (CBGPF – Research Report), ...