Michael Murray: Close Brothers' shares look like a serious performer in highly challenged financial sector.

Last week, I warned of the still substantial risks of investing in any of the major banks on these islands. Of course, you never know what might jump out at you when you invest in any company. But if you can look back over a 20 or 30-year track record and see that no major surprises have been sprung, you can surely take some comfort from that.

And if the company in question is a bank,...

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