Close Brothers Group plc - Company Capsule

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					Close Brothers Group plc

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Close Brothers Group plc - Company Capsule
Reference Code: FS0026CC
Published Date: April 2011




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Close Brothers Group plc - Company Capsule                                          Page 1
Close Brothers Group plc

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Close Brothers Group plc - Company Overview

Close Brothers Group plc (Close brothers) is a UK based merchant bank providing financial services to the individual and
corporate clients. Its services portfolio includes investment funds, wealth management, corporate finance advice,
securities trading, lending services, and deposits and treasury services. The company operates through four
divisions/segments, namely, Asset Management, Banking, Corporate Finance and Securities. The Asset Management
segment is focused on private clients and funds. The Banking segment includes asset-based lending especially in the UK
and Germany. For companies and trustees, the Corporate Finance segment offers debt advisory and initial public offering
(IPO) advisory services; mergers and acquisitions advice; restructuring; and pensions advisory solutions. The Securities
segment operates through two principal trading companies called Winterflood Securities Limited (liquidity provider) and
Close Brothers Seydler AG (broker dealer in domestic and international bonds and equities). The company offers services
in the UK, Ireland, Channel Islands and Germany. Close brothers is headquartered in London, UK.


Financial Performance

The company reported interest income of GBP 309.8 million during the fiscal year ended July 31, 2010. The company's
interest income declined at a compounded rate of 8% during the period 2008-2010 with a year on year decline of 12.2%
over fiscal year 2009. During the fiscal year 2010, its operating margin was 171.63% as against an operating margin of
142.32% in fiscal year 2009. During the fiscal year 2010, the company registered a net margin of 21.46% as against a net
margin of 17.63% in the fiscal year 2009.




Close Brothers Group plc - Key Facts

Close Brothers Group plc, Key Facts

                                  10 Crown Place, London, , EC2A
                                                                    Ticker Symbol, Stock       CBG (London Stock Exchange
Corporate Address:                4FT, United Kingdom               Exchange                   (LON))



Telephone                          + 44 20 76553100                 No. of Employees           2,545



Fax                                + 44 20 76558917                 Financial Year End         July



URL                               www.closebrothers.co.uk           Revenue (in GBP Million)   309.80



Industry                          Financial Services                Revenue (in USD Million)   484.06



Locations                         United Kingdom

Source: Annual Report, Company Website, Primary and Secondary Research




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Close Brothers Group plc - Company Capsule                                                                         Page 2
Close Brothers Group plc

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Close Brothers Group plc - Major Products and Services

Close Brothers Group plc is a UK based independent merchant bank. The key services of the company include the
following:

Close Brothers Group plc, Major Products and Services
Services:

Investment Funds:

Multi-Manager

Property

Specialist

Private Equity

Wealth Management:

Private Asset Management

Private Banking

Corporate Finance Advice:

M&A Advisory

European Debt Advisory

European Special Situations

IPO Advisory

Private Equity Coverage

Securities Trading:

Market-Making

Investment Trust Advisory Services

Securities Trading Germany

Lending Services:

Air Craft Finance

Commercial Vehicle Finance

Debt Collection, Factoring and Invoice Discounting

Equipment Finance for Large and Small Businesses

Healthcare Finance

HIP Funding

Insurance Premium Finance

Marine Finance

Mortgage Broker Network

Motor Finance

Plant and Machine Tool Finance

Print Machinery Finance

Property Finance

Public Sector Finance

Deposits and Treasury Services
Source: Annual Report, Company Website, Primary and Secondary Research




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Close Brothers Group plc - Company Capsule                                                                  Page 3
Close Brothers Group plc

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Close Brothers Group plc - Key Competitors

The following companies are the major competitors of Close Brothers Group plc:

3i Group plc

Abbey National plc

Bank of Ireland

Aberdeen Asset Management PLC

The Goldman Sachs Group, Inc.

St. James’s Place plc

Schroders plc




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Close Brothers Group plc - Company Capsule                                          Page 4
Close Brothers Group plc

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Close Brothers Group plc - Key Employees


Close Brothers Group plc, Key Employees


          Name                             Job Title                      Board Level     Since   Age


Bruce Carnegie-Brown       Director                                 Non Executive Board   2008


Douglas Paterson           Director                                 Non Executive Board   2004


Elizabeth Lee              General Counsel, Secretary               Senior Management     2009


Jamie Cayzer-Colvin        Director                                 Non Executive Board   2008


Jonathan Howell            Finance Director                         Executive Board       2008


                           Chief Executive Officer - Winterflood
Julian Palfreyman                                                   Senior Management     2008
                           Securities

                           Chief Executive Officer - Asset
Martin Andrew                                                       Senior Management     2008
                           Management


Preben Prebensen           Chief Executive Officer, Director        Executive Board       2009


Ray Greenshields           Director                                 Non Executive Board   2008


Rebekah Etherington        Head Human Resources                     Senior Management     2009


                           Chief Executive Officer - Banking,
Stephen Hodges                                                      Executive Board       2002
                           Managing Director


Strone Macpherson          Chairman                                 Non Executive Board   2008


Tazim Essani               Head Corporate Development               Senior Management     2009

Source: Annual Report, Company Website, Primary and Secondary Research




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Close Brothers Group plc - Company Capsule                                                          Page 5
Close Brothers Group plc

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Close Brothers Group plc - Locations and Subsidiaries

Head Office

Close Brothers Group plc
10 Crown Place
London
Zip: EC2A 4FT
United Kingdom
Tel: + 44 20 76553100
Fax: + 44 20 76558917



Other Locations & Subsidiaries

Close Brothers Group plc, Subsidiaries

Aqualisa Products Limited                             CBPE Capital LLP
The Flyer’s Way                                       10 Throgmorton Avenue
Westerham                                             London
Zip: TN16 1DE                                         Zip: EC2N 2DL
United Kingdom                                        United Kingdom
Tel
				
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