Tuesday 02, June 2009 by

Close Brothers sells corporate finance arm to Daiwa

Close Brothers Group said it has entered into a binding agreement with Daiwa Securities SMBC Europe for the sale of Close Brothers Corporate Finance Holdings, its corporate finance advisory business, for a net cash consideration of £67 million (approx $110.1 million).

Features & Analyses

Commercial Banking Banking—creatively disrupted

Sanjeev Kumar, Group CEO, M Holdings Limited, discusses how Bank M became a top bank in Tanzania and why it is now taking its offering… read more