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Close Brothers delivers stable Q1 performance, increases motor finance provision

By Iain Gilbert

Date: Thursday 20 Nov 2025

(Sharecast News) - Merchant banking group Close Brothers said on Thursday that it had increased its provision for a proposed motor finance redress scheme following the FCA's October consultation, while also reporting a solid first-quarter performance from its banking division, supported by a strong net interest margin, stable credit quality, and...

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