Close Brothers Group (LSE:CBG) Is Cutting Costs Under A Motor Finance Cloud — Is That Enough?

Close Brothers Group (LSE:CBG) Is Cutting Costs Under A Motor Finance Cloud — Is That Enough? →

Highlights A critical short-seller report alleged the group has understated motor finance commission liabilities. Management is accelerating a cost programme that includes substantial job reductions. Interim losses narrowed, but the provisi…