Close Brothers boosted by banking arm

first_img whatsapp Close Brothers boosted by banking arm John Dunne Financial services group Close Brothers said it was confident of posting solid results for 2011, with growth in its main banking arm offsetting slight losses at its asset management unit.“Given the result year to date, overall we remain confident we will deliver a satisfactory performance for the 2011 financial year,” the company said.Close Brothers, whose services include merchant broking, securities dealing and asset management, said its core banking arm had loan book growth of ten per cent for the five months to 31 December.It added that while the bad debt ratio for its banking arm was slightly higher compared with a year earlier due to writedowns on property, the division had maintained a strong net interest margin.Close Brothers is restructuring its asset management division.Close Brothers said the asset management unit had made an unspecified “small loss” over the period, although total funds under management rose 19 per cent to £8.8bn. Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Friday 21 January 2011 2:53 amcenter_img Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com whatsapp Share Show Comments ▼last_img read more

Rank Group unveils ‘Hawkeye’ safer gambling monitoring desk

first_imgResponsible gambling Smith said the new system was inspired by trading desks that are able to monitor incoming transactions as they happen, adding that by better identify in changes in behaviour, as close to real-time as possible, this will allow Rank to support those customers. Hawkeye, which will run alongside Rank’s real-time player monitoring that has been in place for a number of years, will focus on very regular players who show behaviour changes that may not be picked up by existing safer gambling controls and thresholds.    Regions: UK & Ireland “We’ve been building the desk over a considerable period of time and it will continue to be refined as we improve our understanding of player behavioural change,” Smith added. The operator said the new ‘Hawkeye’ system will allow it to more quickly identify customer online behaviour that may require intervention  Rank Group unveils ‘Hawkeye’ safer gambling monitoring desk 8th June 2021 | By Robert Fletcher AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Rank Group, operator of the Grosvenor Casinos and Mecca Bingo brands, has launched a new real-time safer gambling monitoring desk as part of its wider responsible gambling measures. “We’re very aware that high-velocity play is an area of concern and that’s why we stepped up our focus on addressing this issue over the course of the last year,” Rank’s director of customer services Liam Smith said. “We are determined to give customers the safest possible experience with us when they play across our digital brands and the Hawkeye system adds another layer of protection to our full suite of safer gambling measures across the business. Topics: Responsible gambling Tags: Rank Group Hawkeye Email Address “We’ve made significant strides using artificial intelligence to power our propensity model which looks to identify potential gambling-related harm, and we’ve also refined our digital affordability framework to assess customers at every stage of their time with us, from registration, through to deposit and withdrawal.”last_img read more