Close Brothers Suspends Dividend, South Korea’s $57B Financial Support Program

Close Brothers suspends dividend over FCA's motor finance investigation. South Korea prepares a $57 billion corporate financial support program. Plus, Muthoot Finance stock surges on strong Q3, but analysts cautious on margin outlook. Also, Painesville to save estimated $571K a year with new bank, says finance director.

Sources:
https://www.marketwatch.com/story/close-brothers-suspends-dividend-over-fca-s-motor-finance-investigation-5764138b
https://www.cnbc.com/2024/02/15/south-korea-prepares-57-billion-corporate-financial-support-program.html
https://www.moneycontrol.com/news/business/muthoot-finance-stock-surges-5-on-strong-q3-but-analysts-cautious-on-margin-outlook-12274421.html
https://www.news-herald.com/2024/02/14/painesville-to-save-estimated-571k-a-year-with-new-bank-says-finance-director/

Outline:
(00:00:00) Introduction
(00:00:43) Close Brothers Suspends Dividend Over FCA's Motor Finance Investigation
(00:02:23) South Korea prepares $57 billion corporate financial support program
(00:04:38) Muthoot Finance stock surges 5% on strong Q3, but analysts cautious on margin outlook
(00:06:58) Painesville to save estimated $571K a year with new bank, says finance director