Core Insights - British lender Close Brothers reported an annual profit of 144.3 million pounds ($193.88 million), exceeding market estimates [1] - The profit increase was attributed to cost-saving measures and selective lending strategies [1] - The company faced pressure from a motor finance commission probe, but managed to offset this impact [1] Financial Performance - Annual profit: 144.3 million pounds ($193.88 million) [1] - Profit exceeded market estimates, indicating strong financial performance [1] Strategic Measures - Implementation of cost-saving measures contributed positively to the profit [1] - Selective lending practices helped mitigate financial pressures [1] Regulatory Environment - The company is under scrutiny due to a motor finance commission probe, which posed challenges [1] - Despite regulatory pressures, the company successfully navigated the situation [1]