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

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 Financial Conduct Authority launched a probe into the historical sale of loans by UK motor finance companies earlier this ...

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 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 ...

Oaktree Capital Management has agreed to acquire Close Brothers Asset Management (CBAM) – the wealth management arm of Close ...

The chief executive of Asset Management has said the sale of his business by to private equity firm Oaktree will accelerate the pace at which is conducts adviser acquisitions.

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

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 ...

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