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The latest announcement is out from Close Brothers Group ( (GB:CBG) ).
Close Brothers Limited has been granted permission by the Supreme Court to appeal a decision by the Court of Appeal regarding the ‘Hopcraft’ motor finance commissions case. This development could potentially impact Close Brothers’ operations and market positioning within the financial sector. The company has stated that it will not comment further on the ongoing appeals process but will issue further announcements when appropriate.
More about Close Brothers Group
Close Brothers is a leading UK merchant banking group that provides lending, deposit taking, wealth management services, and securities trading. The company operates primarily in the United Kingdom and Ireland, employing around 4,000 people. It is listed on the London Stock Exchange and is part of the FTSE 250 index.
YTD Price Performance: -66.52%
Average Trading Volume: 640
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $453.1M
Find detailed analytics on CBG stock on TipRanks’ Stock Analysis page.
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