Close Brothers Group plc is a leading merchant banking group based in the United Kingdom. It was founded in 1878 and is headquartered in London. Close Brothers operates through three main divisions: Close Brothers Asset Management, Close Brothers Banking, and Winterflood Securities.

Close Brothers Asset Management offers a range of wealth management services to private clients, charities, and professional intermediaries. They provide investment management, financial planning, retirement planning, and tax-efficient solutions. Close Brothers Banking provides lending, deposit-taking, and commercial banking services to small and medium-sized businesses.

They support these businesses with tailored funding solutions, asset finance, and specialist lending. Winterflood Securities is a market maker and liquidity provider specializing in small and mid-cap stocks. While Close Brothers primarily operates in the United Kingdom, it also has some global operations.

The company has a subsidiary, Close Brothers Seydler Bank AG, based in Germany. Close Brothers Seydler is a leading German specialist provider of corporate finance and equity research. Additionally, Close Brothers has a partnership with Cenkos Securities, a UK-based independent securities firm, to provide corporate broking services to their corporate clients.

Close Brothers has a strong market position in the UK. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The group has a market capitalization of around £2.

2 billion and employs over 3,000 people. Close Brothers faces competition from other banks and financial institutions in the UK, including Barclays, Lloyds Banking Group, and HSBC. In recent years, Close Brothers has achieved significant milestones.

In 2020, Close Brothers Asset Management was awarded the title of 'Best Private Client Investment Manager' at the Wealth Adviser Awards. The company has also continuously enhanced its product lineup to meet the evolving needs of its clients. As of the most recent update, Close Brothers continues to operate successfully in the financial services industry.

However, information on any specific recent developments or key updates is not available as of now