Britain's Close Brothers flags $430 million motor finance cost
08/04/2026 07:13
April 8 (Reuters) - Britain's Close Brothers CBRO.L on Wednesday disclosed a potential 320 million pound ($429.50 million) cost related to a motor finance mis-selling scandal, broadly similar to the specialist lender's existing provision. ($1 = 0.7450 pounds) (Reporting by Yamini Kalia in Bengaluru; Editing by Sonia Cheema) ((Yamini.Kalia@thomsonreuters.com))