Close Brothers

London, United Kingdom Founded: 1878 • Age: 148 yrs Acquired By Daiwa Capital Markets
Diversified financial services are provided across multiple sectors.
Annual revenue $2.0B Latest available
Total funding - Funding intelligence
Employees 4000 Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About Close Brothers

Close Brothers is a company based in London (United Kingdom) founded in 1878 was acquired by Daiwa Capital Markets in May 2009. The company has 4,000 employees as of July 31, 2024. Close Brothers has completed 5 acquisitions, including Cavanagh Group, Corporate Asset Solutions and Novitas Loans. Close Brothers offers products and services including Lending Solutions, Savings Products, and Securities Trading. Close Brothers operates in a competitive market with competitors including Investec, HSBC, Aviva, Hayfin and S&P Global, among others.

  • Headquarter London, United Kingdom
  • Employees 4000 as on 31 Jul, 2024
  • Stage Public
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Close Brothers Group Plc
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → Investment Management & Advisory Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.99 B (USD)
    19.55
    as on Jul 31, 2024
  • Net Profit
    $111.89 M (USD)
    10.11
    as on Jul 31, 2024
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    4000

    as on Jul 31, 2024

  • Investments & Acquisitions
  • Acquired by
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IPO & Listings of Close Brothers

Close Brothers is a publicly listed company on the LSE with ticker symbol CBG in UK, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: LSE · Ticker: CBG · Sector: Finance · UK

Products & Services of Close Brothers

Close Brothers offers a comprehensive portfolio of products and services, including Lending Solutions, Savings Products, and Securities Trading.

Product name locked
Category locked
Primary

Provides lending options for business growth and commercial ambitions

Product name locked
Category locked
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Offers competitive interest rates for deposits to businesses and individuals

Product name locked
Category locked
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Facilitates access to securities for retail brokers and asset managers

People of Close Brothers

Headcount 1000-5000
Employee Profiles 74
Board Members and Advisors 7
Employee Profiles
People
Jonathan Riley
Risk Manager
People
Joanna Garrett
Governance Lead (company Secretariat)
People
Adele McGlade
Group Head Of Operational Risk
People
Lindsey Rushton Dip Fcp
Head Of Fraud - Retail

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Board Members and Advisors
people
Mike Biggs
Chairman
people
Tesula Mohindra
Independent Non-Executive Director
people
Tracey Graham
Independent Non-Executive Director
people
Patricia Halliday
Independent Non-Executive Director

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Funding Insights of Close Brothers

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Detailed funding history for Close Brothers

Round names, dates, amounts, investors, and valuation history require an active premium plan.

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Investors in Close Brothers

Close Brothers has secured backing from 1 investor. Prominent investors backing the company include Daiwa Capital Markets.

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Investor Description Founded Year Domain Location
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Investor details for Close Brothers

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Investments & Acquisitions by Close Brothers

Close Brothers has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Cavanagh Group, Corporate Asset Solutions and Novitas Loans.

Investments
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Investment portfolio details for Close Brothers

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Diversified investment management services are provided by Cavanagh Group.
Locked Locked 2019 Locked
Personal loans are provided to individuals across the United Kingdom.
Locked Locked 2011 Locked
Leasing and financial services are provided to businesses.
Locked Locked 2004 Locked
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Complete acquisition details for Close Brothers

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  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Close Brothers

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Detailed financials for Close Brothers

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  • Profit trends
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  • Financial ratios

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Close Brothers Comparisons

Close Brothers Primary company
Description
Diversified financial services are provided across multiple ...
Location
London, United Kingdom
Founded Year
1878
Annual Revenue
$1.99 B (USD)
Net Profit
$111.89 M (USD)
EBITDA
Not available
Employees
4,000
As of 2024
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Peer comparison for Close Brothers

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
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Competitors of Close Brothers

Close Brothers operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Investec, HSBC, Aviva, Hayfin and S&P Global, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Global banking, investment, and wealth management services are offered worldwide.
Locked Locked Locked
Universal banking and financial advisory services are provided globally.
Locked Locked Locked
Insurance and asset management services are offered in multiple regions.
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Private debt investments are directed across multiple sectors.
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Platform offering business intelligence solutions that combine data and actionable analytics for clients
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Wealth management solutions are delivered for asset managers.
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Detailed competitors of Close Brothers

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Close Brothers

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Complete news archive for Close Brothers

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Close Brothers

Close Brothers was founded in 1878.

Close Brothers is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

As of Jul 31, 2024, the latest employee count at Close Brothers is 4,000.

Annual revenue of Close Brothers is $1.99B as on Jul 31, 2024.

Close Brothers was founded in 1878 and is headquartered in London, United Kingdom. Operations are conducted as a non-banking financial institution, with services encompassing asset management, commercial lending, and securities trading. Focus is placed on supporting businesses and individuals through tailored financial solutions. Key leadership includes Frank Pennal as Director and Christopher Godfrey Faussett as Managing Director. Activities are primarily based in the UK financial market.

Close Brothers's top competitors include Investec, HSBC and Aviva.

Close Brothers offers Lending Solutions, Savings Products, and Securities Trading.

Yes, Close Brothers is publicly traded on LSE under the ticker symbol CBG.

Close Brothers has made 5 acquisitions, including Cavanagh Group, Corporate Asset Solutions, and Novitas Loans.

Close Brothers has 1 investor. Key investors include Daiwa Capital Markets.

The ticker symbol of Close Brothers is CBG on LSE.

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