Close Brothers Group plc functions as a prominent merchant bank in the United Kingdom, offering a comprehensive array of financial solutions to both individuals and small businesses. Its operations are structured into five distinct segments: Commercial, Retail, Property, Asset Management, and Securities. The company provides various savings products, including personal and business accounts, alongside pension deposits. Its lending activities encompass asset finance, asset-based lending, commercial vehicle leasing, short-term bridging loans, and insurance premium finance. They also specialize in invoice discounting, debt factoring, and financing for property ventures. Moreover, Close Brothers extends specialized funding for general aviation aircraft and diverse leisure and commercial marine vessels, in addition to brewery rentals. Sector-specific financial services are available for agriculture, construction, manufacturing, and transport industries. The company also facilitates leasing services for equipment across construction, manufacturing, IT, and other specialized assets, and offers loans, hire purchase, leasing, and refinancing options tailored for professional services in fields such as dental, medical, pharmacy, and veterinary. Beyond traditional banking, Close Brothers delivers extensive wealth management services, covering financial education, investment management, and personalized financial planning and advice. They also cater to self-directed investors through online portfolio management tools and provide dedicated support for financial advisers. In its securities division, the company offers vital liquidity and flexible execution services to retail stockbrokers, wealth managers, and institutional investors. This includes market making, sales, research, and corporate broking capabilities, complemented by comprehensive dealing, custody, and settlement services for institutional, wealth management, and brokerage clients. Close Brothers Group plc was founded in 1878 and is headquartered in London, United Kingdom.
www.closebrothers.com→- Employees
- 3,000
- IPO / List date
- Sep 29, 2000