News: Close Brothers Group PLC (CBRO.L)

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Tue, Mar 10 2015

BRIEF-Close Brothers Group H1 adj oper profit up 16 pct

* H1 adjusted operating profit rose 16 percent to 108.6 million stg

BRIEF-Close Brothers says remain confident in outlook for current financial year

* Loan book has shown solid growth and is up 4.0% to £5.5 billion (31 july 2014: £5.3 billion)

BRIEF-Close Brothers says unit Winterflood's CEO to retire

* Julian Palfreyman will retire from his position as chief executive of Winterflood, its market making division, at end of current financial year, after 27 years with business

BRIEF-Close Brothers sees "good" full-year results

* Loan book is up 2.3 pct to 5.4 billion stg (July 31, 2014: 5.3 billion stg) with good demand in property and asset finance balanced by slower growth in motor finance

Fitch Affirms Close Brothers at 'A'; Outlook Stable

(The following statement was released by the rating agency) LONDON, November 12 (Fitch) Fitch Ratings has affirmed Close Brothers Group's (CBG) and its wholly owned banking subsidiary Close Brothers Limited's (CBL) Long-Term Issuer Default Ratings (IDRs) at 'A' with Stable Outlooks. Their Viability Ratings (VRs) have been affirmed at 'a'. A full list of rating actions is at the end of this rating action commentary. KEY RATING DRIVERS - IDRS, VRS AND SENIOR DEBT CBG's and CBL's IDRs reflect

BRIEF-Close Brothers sells German unit for 46 mln eur

* Sale to Oddo & Cie for a gross cash consideration of eur 46 million (£36 million) Source text for Eikon: Further company coverage:

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