Close Brothers

4064 days ago

Guest Post Robert Sutherland Smith Close Bros: something in the City with yield

Robert Sutherland Smith is again proving that he is still alive with another guest post. Robert started his City career the year before I was born and is, I think, 157 years old. Fear not. He is very much alive and kicking. He and I have worked together for almost eight years at t1ps.com . He is my friend and he is a very funny and intelligent chap. He is now branching out to celebrate his 158th by doing some freelance writing over at TradingResearchPoint on FTSE 350 Income stocks. Robert is a speaker at the UKInvestor Show on April 13th. He is a great one for focussing on yield. RSS today looks at Close Brothers. RSS writes:

As a result of a long and recent history and despite the fact that London is a uniquely large banking and financial services centre, the investor has not got many conventional banking equity investment targets at the moment. Fortunately, that does include two banks HSBC and Standard and Chartered Bank, which remained sufficiently true to their banking inheritances to come through the great banking collapse without government assistance to provide UK investors with a direct means of investing in the growing Asian Pacific economies.

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