Close Brothers Group has agreed to sell its wealth management unit, Close Brothers Asset Management (CBAM), to private equity ...

Close Brothers said operating pretax profit jumped in fiscal 2024, mainly on a fall in one-off charges and a increase in its loan book, and that it had sold its wealth-management business for around ...

With lessons learned from the pandemic and AI accelerating progress, UK-based merchant banking group Close Brothers is ...

Close Brothers Group Plc has agreed to sell its wealth unit to Oaktree Capital Management for an equity value of as much as ...

Close Brothers' shares are down by around a third since the Financial Conduct Authority announced in January that it would ...

Oaktree Capital Management has agreed to buy Close Brothers Group’s wealth management unit Close Brothers Asset Management (CBAM) for up to £200 million ($265 million; €237 million).

Close Brothers will sell its asset management arm to Oaktree in a deal worth up to £200mn. The sale of Close Brothers Asset ...

In a report released yesterday, Benjamin Toms from RBC Capital maintained a Buy rating on Close Brothers Group (CBGPF – Research Report), ...

LONDON, Sept 19 (Reuters) - Close Brothers Group (CBRO.L), opens new tab has agreed to sell its wealth management unit, Close Brothers Asset Management (CBAM), to private equity firm Oaktree Capital ...

Close Brothers agreed to sell its wealth-management business to funds managed by Oaktree Capital Management for an equity value of up to 200 million pound ($264.2 million) as it works to trim ...

The bank said it had sold Close Brothers Asset Management to Oaktree Capital Management in a deal which could rise to £200m ...

Close Brothers has agreed to sell its asset management branch to Oaktree for £200m, with the deal expected to complete early ...