RBC Capital downgrades Close Brothers to 'sector perform'
18th Aug 2025 09:25
(Sharecast News) - RBC Capital Markets downgraded Close Brothers on Monday to 'sector perform' from 'outperform' as it said the motor finance event has played out.
Read moreLondon close: Stocks rise on back of motor lender ruling
4th Aug 2025 17:35
(Sharecast News) - London stocks closed higher on Monday, led by sharp gains among lenders following a favourable Supreme Court ruling on motor finance commissions.
Read moreClose Brothers surges after Supreme Court motor finance ruling
4th Aug 2025 07:19
(Sharecast News) - Close Brothers shares were surging on Monday morning, after the Supreme Court overturned a Court of Appeal ruling that threatened to expose lenders to billions in compensation over mis-sold car finance commissions.
Read moreLondon close: Stocks finish red on retail sales, trade talk hopes
25th Jul 2025 17:30
(Sharecast News) - London stocks ended lower on Friday as investors digested disappointing UK economic data and awaited progress on trade negotiations between the EU and the United States.
Read moreClose Bros sells Winterflood to Marex for £104m
25th Jul 2025 07:02
(Sharecast News) - Close Brothers on Friday said it had sold its Winterflood execution services and securities business to Marex Group for £103.9m in cash as it slims down its portfolios to focus on the group's core lending activities.
Read moreClose Bros sells brewery rentals unit for undisclosed sum
15th Jul 2025 07:02
(Sharecast News) - Close Brothers said it has reached a deal to sell Close Brewery Rentals to MML Capital for an undisclosed sum as it moves to simplify its portfolio.
Read moreLondon close: Stocks mixed as tariff concerns ramp up
9th Jul 2025 17:46
(Sharecast News) - London equities ended Wednesday on a mixed note as renewed trade tensions from the US weighed on investor sentiment.
Read moreClose Bros to scale back premium finance unit, shares fall
9th Jul 2025 09:21
(Sharecast News) - Close Brothers is to scale back its premium finance offering, it confirmed on Wednesday, amid rising costs and increasing complexity.
Read moreLondon close: Stocks finish higher as tariff ride rolls on
8th Jul 2025 17:36
(Sharecast News) - London stocks ended higher on Tuesday, supported by resilient investor sentiment despite ongoing uncertainty surrounding trade policy developments in the United States.
Read moreLondon close: Markets rise as US payrolls blast past forecasts
3rd Jul 2025 17:39
(Sharecast News) - London stocks ended higher on Thursday, buoyed by a stabilisation in sterling after recent turbulence, as attention turned to a stronger-than-expected US payrolls report.
Read moreBroker tips: Marks & Spencer, Sainsbury's, Close Brothers
22nd May 2025 08:31
(Sharecast News) - Jefferies upgraded Marks & Spencer and downgraded J Sainsbury in a note published on Thursday assessing the UK general retail sector.
Read moreLondon close: Stocks mixed on higher-than-expected UK inflaton
21st May 2025 15:06
(Sharecast News) - London stocks ended Wednesday on a mixed note as investors digested hotter-than-expected UK inflation figures and monitored rising geopolitical tensions in the Middle East.
Read moreClose Bros optimistic despite softer loan book
21st May 2025 08:38
(Sharecast News) - Close Brothers Group saw its loan book shrink in the third quarter, the merchant bank confirmed on Wednesday, but remained confident for the full year after it bolstered its capital position.
Read moreLondon close: Stocks finish choppy week in the black
16th May 2025 16:32
(Sharecast News) - London equities ended the week higher on Friday, supported by gains in pharmaceutical and energy stocks.
Read moreBroker tips: Close Brothers, GB Group
15th May 2025 07:50
(Sharecast News) - RBC Capital Markets lifted its price target on Close Brothers on Thursday to 400p from 340p as it suggested there might be "light at the end of the tunnel".
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