PIPS

PIPS

Icap and Garban Ink Merger

The merger talks between Intercapital and Garban intensified last week, with speculation growing about the final appearance of the combined company. The link-up could create one of the largest broking groups in the world, with 3,000 staff in 28 different countries. The range of products would also run the full gamut, from spot FX through to fixed income, interest rate derivatives and commodities. However, word on the street last week was that the two companies are

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