TP Icap reshuffles institutional ranks

Mark Allen becomes the division’s chief operating officer

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TP Icap has made several hires and role shuffles within its institutional services unit, with Mark Allen becoming the division’s chief operating officer.

Allen moves from the electronic markets business where he held the same role.

London-based Allen previously worked at RBC between 1988 and 2005, where he most recently held the position of head of FX sales and trading for Europe, the Middle East and Africa. He left the Canadian bank because of his disappointment with the restructuring of its

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