Close Brothers Group plc is a UK-based merchant banking group with origins dating back to 1878 when William Brooks Close founded a discount house in the City of London. Headquartered in London, the group has developed a diversified financial services platform serving both private clients and businesses. Its operations extend across the UK, Ireland and the Channel Islands, positioning Close Brothers as a specialist lender and wealth manager in regional markets.
The group’s core lending activities encompass specialist finance solutions including asset finance, invoice and receivables finance, asset-based lending and commercial mortgages. Through Close Brothers Motor Finance and Close Brothers Invoice Finance, the company addresses the funding needs of small and medium-sized enterprises (SMEs) and brokers, offering tailored credit facilities and working capital support. Deposit taking is conducted via Close Brothers Savings, which provides fixed-term savings products to retail and professional investors.
In wealth management and capital markets, Close Brothers delivers discretionary and advisory asset management services alongside securities trading and corporate finance advice. Close Brothers Asset Management serves private individuals and charitable organizations with portfolio construction and investment strategies, while Close Brothers Securities (formerly finnCap) offers equity research, corporate broking and institutional execution services. This integrated model allows the group to generate recurring fee income and support growth across its lending operations.
The company is led by Chief Executive Officer Adrian Sainsbury, who joined the board in 2019, and Chairman Howard Davies, a former regulator who assumed the role in October 2019. Under their stewardship, Close Brothers continues to pursue disciplined underwriting standards and a customer-focused approach, aiming to deliver steady returns and sustainable growth through economic cycles.
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