Close Brothers Group Announces Director/PDMR Shareholding
The financial services company has announced changes to its director and PDMR shareholdings.
The financial services company has announced changes to its director and PDMR shareholdings.
The financial services group has appointed a new executive director and Chief Finance Officer, ensuring continuity in the company's leadership.
The financial services company has announced changes to the shareholdings of certain directors and persons discharging managerial responsibilities.
The financial services group will engage with the FCA on the upcoming consultation regarding motor finance commissions.
The financial services firm provides an update on a Supreme Court judgment related to motor finance commissions, with the outcome favourable for the company. However, uncertainty remains around the potential impact on its loan portfolio.
The financial services group receives a Supreme Court judgment on a legal case, but no further details are provided.
The merchant bank is awaiting the Supreme Court's judgment on a legal case regarding motor finance commissions.
The financial services group has agreed to sell its Winterflood securities business to Marex Group for around £104 million, boosting the company's capital position.
The specialist lender is selling its brewery rentals business, generating a modest gain and capital benefit. The group will continue to provide finance solutions to the UK beverage sector.
The financial services group is repositioning its Premium Finance business to focus more on commercial lines insurance premium finance, while reducing emphasis on personal lines.