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Close Bros to scale back premium finance unit, shares fall

By Abigail Townsend

Date: Wednesday 09 Jul 2025

(Sharecast News) - Close Brothers is to scale back its premium finance offering, it confirmed on Wednesday, amid rising costs and increasing complexity.
The London-listed merchant banking group said it planned to reduce its emphasis on personal lines insurance premium finance in favour of commercial lines.

It acknowledged personal lines...

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