Close Brothers Group Full Year 2024 Earnings: EPS Misses …
WEB6 hours ago · Close Brothers Group EPS Misses Expectations. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 15%. Looking ahead, revenue is forecast to grow 2.2% ...
Close Brothers Sells Wealth Unit to Oaktree to Bolster Capital
WEB2 days ago · Photographer: Jason Alden/Bloomberg (Jason Alden/Bloomberg) (Bloomberg) -- Close Brothers Group Plc has agreed to sell its wealth unit to Oaktree Capital Management for an equity value of as much as £200 million ($265 million) as it looks to strengthen its balance sheet amid a regulatory review of its motor finance practices.
RBC Capital Sticks to Their Buy Rating for Close Brothers Group …
WEB1 day ago · Close Brothers Group has an analyst consensus of Strong Buy, with a price target consensus of $7.80. See today’s best-performing stocks on TipRanks >> CBGPF market cap is currently $1.04B and ...
Close Brothers flags cost of motor finance probe uncertainty as it ...
WEB2 days ago · Close Brothers Group shares rose 3.7 per cent to 547p on Thursday morning, making them one of the FTSE 250 Index's top risers. DIY INVESTING PLATFORMS. AJ Bell. AJ Bell.
Close Brothers reports solid full-year growth - Sharecast.com
WEB2 days ago · Close Brothers Group reported a 1% increase in operating income to £944.2m in its preliminary full-year results on Thursday, driven by growth in both its banking and Close Brothers Asset ...
Close Brothers to Sell Wealth-Management Unit to Oaktree for …
WEB2 days ago · By Christian Moess Laursen. 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 ...
Close Brothers Operating Profit Rises, Sells Wealth ... - MarketWatch
WEB2 days ago · The U.K. merchant banking group on Thursday booked 142 million pounds in operating pretax profit for the year ended July 31, a 27% increase from the prior fiscal year, as last year's result ...
Close Brothers' Announced CBAM Sale to Support Capital, …
WEB1 day ago · Thu 19 Sep, 2024 - 2:25 PM ET. Fitch Ratings-London-19 September 2024: Close Brothers Group PLC's (CBG) announced sale of its wealth-management business, Close Brothers Asset Management (CBAM), to funds managed by Oaktree Capital Management L.P. does not have an immediate impact on its ratings but highlights the increased risks surrounding its ...
Close Brothers launches £400mn capital plan in response to car …
WEBMar 19, 2024 · Close Brothers has announced a £400mn plan to bolster its capital position as it prepares for the impact of a regulatory probe into motor financing deals that analysts estimate could cost the...
Close Brothers suspends dividend on car finance probe - Financial Times
WEBFeb 15, 2024 · Close Brothers, a 146-year-old City merchant bank is among the lenders exposed to potential historic mis-selling of motor finance deals, alongside Lloyds Bank, which owns Black Horse, the UK’s...