CBG - CLOSE BROTHERS GROUP - Share Chat
Close Brothers Group plc is a UK merchant banking group providing a range of financial services to individuals, SMEs, and professional firms. Its core activities are divided into three main areas: Banking, Asset Management, and Securities. The Banking division offers specialist lending solutions, including property finance, invoice finance, premium finance, and asset finance, primarily serving the SME market. Close Brothers Asset Management provides wealth management, financial planning, and investment services. The Securities division operates through Winterflood Securities, a leading market maker in UK equities. The group is known for its conservative, relationship-led approach to lending and its long-standing presence in the UK financial sector.
Chat about CLOSE BROTHERS GROUP
Close Brothers (CBG) taking a hit after the FCA's motor finance review announcement and the recent rights issue. What are your thoughts on their resilience and the potential impact on future dividends? Is this an opportunity for long-term investors or too risky given the ongoing uncertainty? Curious to hear others' views!