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The banking group said it cut annual costs by around £36 million in the year to July 31 and was targeting more than £60 million in the year ahead.
Close Brothers Group (LON:CBG) reported a narrower statutory loss for fiscal 2026 as the specialist bank advanced its restructuring program, returned to underlying loan book growth and accelerated cost savings. The company said it would not pay a dividend for the year because of continued uncertaint
BMW is facing a bill of more than £600m from the motor finance mis-selling scandal, marking one of the biggest hits faced by any lender.
The fair value price target for Close Brothers Group has shifted from £5.22 to £5.29, giving you an updated reference point for how analysts are framing the shares today. This new figure sits alongside a mix of bullish and cautious views, with some research teams seeing the revisions as better aligned with refreshed assumptions, while others focus on the execution risks behind those numbers. Read on to see how these changes fit into the broader analyst narrative and how you can track it as it...
Close Brothers Group (LON:CBG) used its 2026 first-half results presentation and business update to highlight what management described as resilient underlying performance, a strengthened capital position, and an accelerated transformation program aimed at lowering costs and rebuilding returns to “d
Close Brothers Group’s latest analyst work keeps the fair value price target at £5.29, even as some of the underlying assumptions are refreshed. Supportive analysts see this reaffirmed target as a sign that known execution risks and current market expectations are already built into the research, while more cautious voices focus on how sensitive that £5.29 figure is to any change in assumptions. As you read on, you will see how these differing views shape the evolving narrative around Close...
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