Close Brothers property success outweighs weak markets income November 20, 2014 FINANCE house Close Brothers reported strong property finance incomes in the first quarter of its financial year, benefiting from the UK’s economic recovery. Its asset finance arm also performed well, taking the loan book across the two units up 2.3 per cent to £5.4bn. Its asset management arm held steady in the three months to 31 [...]
Veteran UK lender Close Brothers surges ahead on share activity September 23, 2014 A SURGE in specialist lending and stock market activity yesterday saw British financial services company Close Brothers announce an increase in operating profits by 20 per cent in the past year to £201m. Close Brothers, founded in 1878, said full-year profit rose 25 per cent after it increased lending and rising stock markets boosted its [...]