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Close Brothers

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United Kingdom

Founded in

1878 (147 Years)

Founded

Last online: No recent activity


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3.33

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Security Information

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    What are the differences in regulations for each

    License

    A Grade License

    Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

    B Grade License

    Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

    C Grade License

    Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

    D Grade License

    From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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    Company Information

    Get to know Close Brothers

    Close Brothers is a leading merchant banking group established in 1878, providing lending, deposit-taking, wealth management services, and securities trading. We employ 3000 people, principally in the UK, and are one of the largest 250 companies listed on the London Stock Exchange. Our activities are straightforward. We remain focused on markets and services we know and understand, developing leading positions and unrivaled expertise. Our approach is prudent and considered enabling us to grow sustainably, through all market conditions, building confidence among our depositors and investors. Our businesses have remained local as we continue to provide bespoke services and developing long-term relationships ensuring our success in the future. We value our clients over everything else. What they do is important – they are the doers and makers of things, the wealth creators, the investors and the savers. We ensure our services meet their specific needs and invest to support them as they grow. These principles, founded in our past but applied to the modern world today, represent what we describe as ‘modern merchant banking’ – values that are embedded in our culture and that underpin everything we do. Our Business areas: Our Banking division provides lending to small businesses and individuals, with an emphasis on specialist finance. We also offer deposit-taking services to UK businesses and individuals. In Securities, we provide trading services in the UK through Winterflood, a leading market-maker. Close Brothers Asset Management provides a range of financial advice, investment management and on-line investing services, helping clients to secure their financial future.

    Industry

    • Financial Other ServicePRIMARY
    • Financial Wealth Management

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