UK Markets open in 16 mins.

Close Brothers Group plc (CBG.L)


LSE - LSE Delayed price. Currency in GBp
Add to watchlist
1,510.00-16.00 (-1.05%)
At close: 4:35PM BST

Close Brothers Group plc

10 Crown Place
London EC2A 4FT
United Kingdom
44 20 7655 3100
http://www.closebrothers.com

SectorFinancial
IndustryAsset Management
Full-time employees3,000

Key executives

NameTitlePayExercisedAge
Mr. Preben PrebensenChief Exec. Officer and Exec. DirectorN/AN/A60
Mr. Jonathan A. G. HowellGroup Fin. Director and Exec. DirectorN/AN/A54
Ms. Elizabeth LeeGroup Head of Legal & Regulatory Affairs and Exec. DirectorN/AN/AN/A
Barrister Stephen R. HodgesManaging Director, Banking Chief Exec. and Exec. DirectorN/AN/A63
Ms. Nancy Ann CurtinChief Investment Officer and Head of BespokeN/AN/A59
Amounts are as of 31 December 2016, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in GBp.

Description

Close Brothers Group plc, a merchant banking company, provides financial services for individuals, businesses, brokers, motor dealers, and professional service firms in the United Kingdom. It operates through three divisions: Banking, Securities, and Asset Management. The company offers various deposit products, including fixed term deposits and notice accounts. It also provides asset finance, asset-based lending, commercial vehicle hire, insurance premium finance, invoice discounting and factoring, motor vehicle finance, and property and retail finance products. In addition, the company offers funding services for general aviation aircraft, and various leisure and commercial vessels; sale and rent back services for the brewing sector; broker finance services to agriculture, construction, manufacturing, and transport industries; leasing services for construction, manufacturing, IT equipment, and specialist assets; loan, hire purchase, leasing, and refinancing services to the professional service sector, including dental, medical, pharmacy, and veterinary sectors; and technology services for technology acquisition, management, and recovery. Further, it provides bespoke investment management, financial education, and financial advice and planning services; self directed services that help investors to manage investments online; and services for professional advisers. Additionally, the company offers liquidity and flexible execution services to retail brokers, asset managers, and institutional investors; market making, sales, sales trading, research, and corporate broking services to the secondary market and corporate clients; and RDR compliant, dealing, custody, and settlement services to the institutional, wealth management, and brokerage clients. Close Brothers Group plc was founded in 1878 and is based in London, the United Kingdom.

Corporate governance

Close Brothers Group plc’s ISS governance QualityScore as of 1 July 2017 is 1. The pillar scores are Audit: 1; Board: 1; Shareholder rights: 1; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.