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Close Bros (CBG) Share News

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Close Brothers completes sale of asset management arm to Oaktree

3rd Mar 2025 14:26

(Alliance News) - Close Brothers Group PLC on Monday said it has completed the sale of its wealth management division, Close Brothers Asset Management, to funds managed by Oaktree Capital Management LP, strengthening its capital position and allowing it to focus on core operations. Read More

SMALL-CAP WINNERS & LOSERS: Motor finance firms fall; Castings sinks

18th Feb 2025 10:33

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More

LONDON MARKET CLOSE: Frankfurt hits fresh high as European stocks rise

17th Feb 2025 16:58

(Alliance News) - European stocks climbed on Monday, with defence stocks to the fore, as leaders assembled in Paris to consider their response to events in Ukraine. Read More

Close Brothers sets aside GBP165 million for motor finance scandal

12th Feb 2025 09:17

(Alliance News) - Close Brothers Group PLC on Wednesday said it has reserved GBP165 million as a provision to cover the costs of an investigation into the potential mis-selling of car finance loans. Read More

LONDON MARKET OPEN: FTSE 100 treads water but Europe up before US data

12th Feb 2025 08:49

(Alliance News) - London's FTSE 100 kicked off Wednesday in a tepid fashion, but stocks in Asia climbed and peers in Europe were on the up, with Frankfurt's DAX 40 hitting another record high. Read More

LONDON BRIEFING: Barratt Redrow eyes profit at top end of market view

12th Feb 2025 07:49

(Alliance News) - London's FTSE 100 is called to open flat on Wednesday, failing to replicate some more confident trade seen in Asia, with a US inflation reading ahead. Read More

LONDON MARKET CLOSE: Stocks firm as Trump takes moderate tariff stance

21st Jan 2025 17:03

(Alliance News) - Stocks in London advanced on Tuesday, and the FTSE 100 hit a new all-time high, after Donald Trump took a softer than expected stance on tariffs - at least for now. Read More

SMALL-CAP WINNERS & LOSERS: Gore Street celebrates Big Rock milestone

21st Jan 2025 11:09

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More

PRESS: Chancellor could act to protect car finance lenders - FT

21st Jan 2025 09:04

(Alliance News) - Shares in car finance providers shot up on Tuesday after a report suggested Chancellor Rachel Reeves could intervene to protect lenders. Read More

SMALL-CAP WINNERS & LOSERS: Ground Rents receives takeover interest

8th Jan 2025 10:13

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday. Read More

Close Brothers names Finance Director Mike Morgan as chief executive

7th Jan 2025 09:21

(Alliance News) - Close Brothers Group PLC on Tuesday reported that Group Finance Director Mike Morgan will succeed Adrian Sainsbury as chief executive officer, effective from Monday. Read More

LONDON BROKER RATINGS: UBS cuts United Utilities, Pennon price targets

30th Dec 2024 09:24

(Alliance News) - The following London-listed shares received analyst recommendations since Friday morning: Read More

UK FCA extends motor finance complaints deadline to next December

19th Dec 2024 15:36

(Alliance News) - Lenders have been told by the City watchdog they now have until December 4 next year to respond to borrowers complaining about motor finance deals with hidden commission payments. Read More

LONDON MARKET CLOSE: Stocks slip as strong wage growth hits rate hopes

17th Dec 2024 16:56

(Alliance News) - The FTSE 100 closed lower on Tuesday after "red hot" wage growth figures saw UK rate cut bets for 2025 scaled back. Read More

LONDON MARKET CLOSE: Blue-chips climb as US CPI supports rate cut bets

11th Dec 2024 17:12

(Alliance News) - The FTSE 100 closed higher on Wednesday after in line US inflation figures backed hopes for a rate cut across the pond next week. Read More

S&U says UK motor finance scandal and Budget weighing on sector

11th Dec 2024 16:19

(Alliance News) - S&U PLC shares rose on Wednesday, despite its warning that the motor finance scandal is causing "chaotic" conditions in the market while the Budget has weighed heavy on consumer and business confidence. Read More

LONDON MARKET MIDDAY: European blue-chips in minor gain before US data

11th Dec 2024 11:56

(Alliance News) - London's FTSE 100 went into Wednesday afternoon in the green, growing in confidence as the morning wore on, though gains were uninspiring ahead of key US data in the afternoon. Read More

Close Brothers can appeal Hopcraft case, UK Supreme Court says

11th Dec 2024 11:42

(Alliance News) - Close Brothers Group PLC on Wednesday said the UK Supreme Court gave it permission to appeal October's judgment, itself from the Court of Appeal, in the Hopcraft motor finance commissions case. Read More

LONDON BRIEFING: Vodafone-Three deal green lit; Shell and Equinor team

5th Dec 2024 07:59

(Alliance News) - London's FTSE 100 is called to open slightly lower on Thursday, despite US stocks spiking to record highs overnight. Read More

TOP NEWS: Retail pair and under-pressure Vistry booted out of FTSE 100

4th Dec 2024 18:15

(Alliance News) - Frasers Group PLC has been relegated from the FTSE 100 index in its latest quarterly shuffle alongside two constituent peers, housebuilder Vistry Group PLC and variety goods retailer B&M European Value Retail SA. Read More

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