Intercapital Hires 13-Strong Sterling Swaps Team In City
BROKERS
LONDON--Intercapital Brokers is hiring a 13-strong team of short-term sterling swaps brokers from rival money brokers MW Marshall & Co in London.
The brokers are currently on leave and are completing notice periods, but are due to join the existing team of nine brokers shortly, says Intercapital's chairman Michael Spencer.
The step is a significant one for Intercapital, which specializes in longer-term currency and structured derivatives products. A market source says that the decision to take on
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