Close Brothers profits slide despite rise in client assets
Operating profit fell to £113.5m from £234.8m
Close Brothers
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Close Brothers unveils new regional hub
Cheltenham office opened in August
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Close Brothers considering sale of wealth management arm – reports
Allegedly working with Goldman Sachs on a review of the business
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Close Brothers AM adds investment director
Marcus Vertue joins its London head office
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The AI gold rush
Three human experts – and one chatbot – offer their views on how investors might look to make money from AI
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Close Brothers learns ‘expensive lesson’ from Novitas acquisition
Firm recovered in Q3 after its failed lending arm had caused profits to plummet 90% in first half
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Weekly outlook: ONS to reveal UK inflation numbers and Close Brothers report
Key events for UK wealth managers for the week starting 22 May
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Close Brothers hires Investec Wealth investment manager
Adam Finlay will manage portfolios for HNWs
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Novitas a ‘weeping sore’ as Close Brothers bleeds profits
Failed legal lending arm cast a shadow over the group’s performance
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What lies ahead for markets in the coming months?
Fixed income, Asian equities, ETFs and hedge funds are some of the areas touched on by industry experts in December
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CBAM plucks investment director duo from Abrdn
John Hair and Charles Insley previously worked together at Newton
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CBAM boosts inflows in ‘solid’ quarter
Though its financial first quarter saw AUM slide 3%