Close Brothers (LSE:CBG) Pushes Back On Redress Formula - Can Its Cost Overhaul Keep Pace?

Close Brothers (LSE:CBG) Pushes Back On Redress Formula - Can Its Cost Overhaul Keep Pace? →

Highlights Close Brothers has said the proposed redress methodology does not reflect actual customer loss. Provisions for motor finance redress have been increased substantially through successive updates. A cost efficiency programme is cen…