Supreme Court, Close Brothers Group

Close Brothers prepares for Supreme Court motor finance showdown
Close Brothers is reinforcing its financial position and legal strategy as it prepares for its Supreme Court appeal in April over the payment of motor finance commissions. The lender has allocated up to £165 million in its first half to cover potential legal and compensation costs.
UK Supreme Court rejects Reeves' intervention in motor finance case, bank shares slide
The UK Supreme Court on Monday rejected a move by finance minister Rachel Reeves to intervene in a landmark case on car loan mis-selling, sending shares in lenders Close Brothers and Lloyds Banking Group sharply lower.
Close Brothers Group Sets Aside $205 Million to Cover Costs From Motor-Finance Commission Case
British lender Close Brothers Group set aside a provision of 165 million pounds ($205.4 million) in its first-half financial statements in relation to a motor-finance commissions case.
Close Brothers sets aside £165m for motor finance commission redress
Close Brothers has been running the rule over the amount it plans to set aside for a motor finance commission payout. It said the group has set aside £165m
Close Brothers, Lloyds fall; traders cite UK court decision on motor finance
Shares in British lenders Close Brothers and Lloyds Banking group fell on Monday, with traders and analysts citing reports that the Treasury has been blocked from intervening into the Supreme Court review of the motor finance misselling case.
UK Supreme Court blocks Treasury intervention in motor finance mis-selling case
The UK Supreme Court has rejected an attempt by Chancellor Rachel Reeves to intervene in a landmark case on car loan mis-selling, sending shares in lenders Close Brothers and Lloyds Banking Group sharply lower,
Close Brothers Group (OTCMKTS:CBGPY) Stock Price Up 14.2% – Here’s What Happened
Close Brothers Group plc (OTCMKTS:CBGPY – Get Free Report) shot up 14.2% on Friday . The company traded as high as $8.95 and last traded at $8.95. 281 shares changed hands during trading, a decline of ...
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Close Brothers sets aside £165m amid car loan commission scandal
Close Brothers has set aside £165m for potential legal and compensation costs linked to the car finance commission scandal.
Car lender Close Brothers saves £165m to cover motor finance mis-selling scandal
The lender said it wanted to cover legal and compensation costs for affected customers - but that 'significant uncertainty' ...
Deutsche Bank Aktiengesellschaft Cuts Close Brothers Group (LON:CBG) Price Target to GBX 600
Close Brothers Group (LON:CBG – Free Report) had its price objective cut by Deutsche Bank Aktiengesellschaft from GBX 610 ($7.68) to GBX 600 ($7.55) in a research report released on Thursday morning, ...
Close Brothers to set aside £165mn for car finance probe
London-based bank Close Brothers said it expected to set aside £165mn to cover the costs of a probe and related court ruling into the potential mis-selling of car finance loans. The bank said on ...
Yahoo Finance8d
Close Brothers to set aside up to £165m for motor finance scandal
Close Brothers has warned it expects to set aside up to £165 million in its first half to cover possible legal and compensation costs following recent developments in the car loans commission ...