Close Brothers Group
UK investment banker
Close Brothers Group is a UK merchant banking group that offers lending, deposit taking, wealth management and securities trading services. Close Brothers Asset Management provides a range of financial advice, investment management and on-line investing services. The banking division provides lending to small businesses and individuals. It also offers deposit taking services to UK businesses and individuals. In securities, it provides trading services in the UK through its Winterflood subsidiary. The company was established in 1878 and employs more than 3,000 people, principally in the UK, and is listed on the London Stock Exchange.
Economics
Close Brothers has reported a strong first half of its financial year 2014/15 despite a more challenging environment for its Winterflood business.
10 March 2015
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Economics
Quarterly and annualised UK growth figures for Q4 2014 have narrowly missed expectations after the construction sector underwhelmed at the end of the year.
27 January 2015
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Investment
Winterflood chief executive Julian Palfreyman is to retire from the company at the end of July after 27 years of service.
12 January 2015
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Managed funds
Hasley Investment Management has relaunched under the name 8AM Global, with a restructured fund range, as former Miton manager Tom McGrath becomes a partner in the business.
08 December 2014
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Wealth Management
Simon Redgrove and Andrew Fay are to exit Close Brothers Asset Management, three years after it acquired their firm Cavanagh for £26m.
17 July 2014
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Investment
Former Apollo partner Tom McGrath has joined Caplain Capital to take the role of chief investment officer.
10 July 2014
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1 min read
UK
The pace of the economic recovery in the UK has taken economists by surprise in the last year, prompting a number of upwards revisions for GDP growth.
07 May 2014
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