Tue, 3rd Jan 2012 11:50 LONDON, Jan 3 (Reuters) - Close Brothers Group PLC:
* Shore Capital upgrades Close Brothe
rs to buy versus hold
* 'We believe that Close Brothers is much better positioned to cope with the challenging macroeconomic and regulatory environment than the large UK banks, given its strong balance sheet, lack of material exposure to problem asset classes and more limited regulatory risk,' Shore Capital says in a research note
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