Close Brothers profits up despite securities headache

Close Brothers, the banking, securities and asset management firm, saw profits rise after its banking division compensated for a big fall in its securities business.

Close Brothers, the banking, securities and asset management firm, saw profits rise after its banking division compensated for a big fall in its securities business.

The firm reported pre-tax profits of £66.8m in the six months to the end of January, up from £58.3m the year before.

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