Close Brothers Group (CBG)

Sector:

Banking

Index:

FTSE 250

418.20p
   
  • Change Today:
      17.00p
  • 52 Week High: 976.50
  • 52 Week Low: 299.20
  • Currency: UK Pounds
  • Shares Issued: 150.49m
  • Volume: 492,685
  • Market Cap: £629.34m
  • RiskGrade: 146

Close Brothers Winterfloods CEO Philip Yarrow to retire

By Michele Maatouk

Date: Monday 05 Sep 2022

LONDON (ShareCast) - (Sharecast News) - Investment bank Close Brothers said on Monday Philip Yarrow has decided to retire and will step down as chief executive from Winterflood Securities on 20 September after 22 years at its broking arm.
Yarrow will be succeeded by Bradley Dyer, currently board director and managing director at Winterflood, who will also join the Group Executive Committee. Dyer joined Winterflood in 2004 as a senior dealer and was appointed associate director in 2014.

He was appointed to the Winterflood board as a director in 2017 and became head of trading in 2018, with overall responsibility for trading across all sectors. He was promoted to managing director in April 2022.

Close Brothers chief executive Adrian Sainsbury said: "Philip has made a huge contribution over his many years at Winterflood, successfully navigating a wide range of market conditions including the Covid-19 period, substantially modernising the business and its operations, and driving the development of Winterflood Business Services.

"I would like to thank him for his outstanding leadership of the business during this time."

Broker Shore Capital, which rates Close Brothers at 'buy', said: "While it is naturally disappointed to see an experienced campaigner such as Mr Yarrow leave the business, his succession appears to have been well planned with an experienced internal appointment allowing for a smooth transition which is unlikely to prove disruptive to the culture and operation of the business, in our view."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

CBG Market Data

Currency UK Pounds
Share Price 418.20p
Change Today 17.00p
% Change 4.24 %
52 Week High 976.50
52 Week Low 299.20
Volume 492,685
Shares Issued 150.49m
Market Cap £629.34m
RiskGrade 146

CBG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
99.34% above the market average99.34% above the market average99.34% above the market average99.34% above the market average99.34% above the market average
64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average
Price Trend
81.37% below the market average81.37% below the market average81.37% below the market average81.37% below the market average81.37% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Income
75.54% above the market average75.54% above the market average75.54% above the market average75.54% above the market average75.54% above the market average
46.67% above the sector average46.67% above the sector average46.67% above the sector average46.67% above the sector average46.67% above the sector average
Growth
93.62% below the market average93.62% below the market average93.62% below the market average93.62% below the market average93.62% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

What The Brokers Say

Strong Buy 3
Buy 2
Neutral 3
Sell 1
Strong Sell 0
Total 9
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

CBG Dividends

  Latest Previous
  Final Interim
Ex-Div 19-Oct-23 23-Mar-23
Paid 24-Nov-23 26-Apr-23
Amount 45.00p 22.50p

Trades for 28-Mar-2024

Time Volume / Share Price
16:35 250,080 @ 418.20p
16:35 74 @ 418.20p
16:35 218 @ 418.20p
16:35 2,050 @ 418.20p
16:35 1,515 @ 418.20p

CBG Key Personnel

Chair Michael N Biggs

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