Close Brothers Group plc is a UK-based investment bank. The company is engaged in providing lending, deposit, wealth management, and securities trading services. Its segments include Commercial, Retail, Property, Asset Management, and Securities. The Commercial segment provides primarily secured loans to small and medium-sized enterprises (SMEs), both through their direct sales force and through third-party distribution channels. The Retail segment provides loans primarily to individuals and small businesses through a network of intermediaries. The Property segment specializes in short-term financing for residential development through property finance and also offers refurbishment loans and bridging loans through commercial acceptances. The Asset Management segment provides financial advice and investment management services to private clients in the UK. The Securities segment is a market maker for retail securities brokers and institutions.
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