The operating pretax profit of Close Brothers Group, a U.K. merchant banking group, has more than halved in fiscal 2023. This decline is primarily attributed to provisions made in the first half of the year related to its subsidiary, Novitas Loans. Despite this setback, the company saw improved performance in the second half. Operating Pretax Profit Close Brothers Group … [Read more...] about Close Brothers Group Reports Decrease in Operating Profit
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