Garban-Intercapital Links Up With E-Dealing Broker Blackbird
PEOPLE NEWS
LONDON--Broker Garban-Intercapital has bought a 19% stake in e-swaps platform Blackbird, giving the broker a controlling 31% of voting rights. Blackbird is an online inter-dealer broker for interest rate derivatives.
It is unclear whether Garban-Intercapital and Blackbird will merge any broking operations as a result of the announced deal.
A spokesman at Garban-Intercapital in London says the deal is in very early stages. He did not comment on whether Garban-Intercapital might combine some of its
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