Close Brothers Group Plc - Company Profile
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Close Brothers Group Plc (Close Brothers) is provider of merchant banking and asset management products and other related financial solutions. Diverse financial dominance, sound capital adequacy, and adequate liquidity are a few of its key strengths, even as deterioration in its non-interest income could be considered as an area for improvement. Short-term economic outlook in the UK, strategic initiatives, and emergence of FinTech companies may offer significant growth opportunities for the group. However, crowded robo advisor fields, regulatory changes in the UK and litigation risks may affect the growth of the group.
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