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Private equity owner warns against merchant bank powers

Call comes after alleged ‘shock administration’ of haulier

United kingdomLloyd fraserAdrian sainsburyAnthony finlaysonBarbican capitalChief executive

Close Brothers AM profits tumble 27% amid sale rumours

Close Brothers Asset Management profits dropped 27% in the 12 months to the end of July, amid reports a buyer is being sought for the business.

United kingdomAdrian sainsburyInvestec wealthClose brothersClose brothers amClose brothers asset managementAdrian sainsburyM amp a

Close Brothers loan book growth, strong margins & stable credit performance

Close Brothers loan book growth, strong margins & stable credit performance

United kingdomCity ofRepublic of irelandTravis perkinsAdrian sainsburyFinancial services compensation schemeGroup capitalMoody investors servicesClose brothers groupGroup fundingClose brothersFinancial ombudsman serviceMovement in client assetsNet zero banking allianceWinterflood business servicesPrudential regulation authority

Close Brothers profit halves after Novitas write-offs

A strong second half of the year was not enough to stop merchant banking group Close Brothers' profit halving compared to the year before due to provisions related to legal finance specialist Novitas.

Adrian sainsburyChris dorrell

Full-year profits slide at Close Brothers

Close Brothers Group reported a decline in its full-year statutory operating profit before tax on Tuesday, to £112m from 2022’s £232.8m.

Adrian sainsburyClose brothers groupCommon equity tierFull yearCategory allCategory market reportCategory company newsCategory news and announcementsCategory market pulseCategory headline newsCategory sectorial finance

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