Close Brothers Group plc · London United Kingdom ·(London: CBG)
Company Description
Phone: +44-20-7655-3100
Fax: +44-20-7655-8917
Rankings
- FTSE 250
View Close Brothers Group plc Locations On A US Map
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This link will open in a new window Close only counts in horseshoes and hand grenades, but if you're talking about Close Brothers, you can add asset management to that list. The company manages investment funds and wealth for retail, corporate, and institutional clients. Other activities include securities trading, asset-based financing for small to midsized businesses in the UK and Germany, and deposit and treasury services. It also owns small- and mid-cap market-maker Winterflood Securities. In 2009 the company sold its Close Brothers Corporate Finance unit to Japan's Daiwa Securities for £75 million ($115 million). To read the full description, subscribe now.
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Key Close Brothers Group plc Financials
| Company Type | Public - London: CBG Headquarters |
| Fiscal Year-End | July |
| Annual Sales (mil.) | $0.0 |
| Employees | 1,917 |
Close Brothers Group plc Executives
15 executives listed for Close Brothers Group plc's London, location.
| Title | Name & Bio | Contact |
| Chairman | Strone McPherson | Network |
| CEO | Preben Prebensen | Network |
| Finance Director | Jonathan Howell | Network |
Competition
Competitive Landscape for Close Brothers Group plc
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top Close Brothers Group plc Competitors
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