Close Brothers Group Plc has agreed to sell its wealth unit to Oaktree Capital Management for an equity value of as much as ...

Close Brothers will sell its asset management arm to Oaktree in a deal worth up to £200mn. The sale of Close Brothers Asset ...

Close Brothers' shares have fallen around a third since the FCA announced in January that it was reviewing car loans.

The Financial Conduct Authority launched a probe into the historical sale of loans by UK motor finance companies earlier this ...

The bank said it had sold Close Brothers Asset Management to Oaktree Capital Management in a deal which could rise to £200m ...

Close Brothers agreed to sell its wealth-management business to funds managed by Oaktree Capital Management for an equity value of up to 200 million pound ($264.2 million) as it works to trim ...

The chief executive of Asset Management has said the sale of his business by to private equity firm Oaktree will accelerate the pace at which is conducts adviser acquisitions.

In a report released yesterday, Benjamin Toms from RBC Capital maintained a Buy rating on Close Brothers Group (CBGPF – Research Report), ...

Oaktree Capital Management has agreed to acquire Close Brothers Asset Management (CBAM) – the wealth management arm of Close ...

Adrian Sainsbury, boss of merchant bank Close Brothers, has taken a "temporary medical leave of absence" from the business.

Private equity house Oaktree has agreed to buy Close Brothers’ asset management arm as the wealth and banking group looks to ...