ICAP may leave the UK if Labour wins General Election

Another brain drain similar to that of the 1970s could occur, potentially damaging London’s highly established institutional trading sector, should the Labour Party win the UK General Election. Michael Spencer, CEO of ICAP is one example, as he would consider moving the company to North America

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ICAP to combine EBS and BrokerTec businesses

Michael Spencer, ICAP Group Chief Executive, will become Chairman of EBS-BrokerTec. Gil Mandelzis, founder of Traiana and current CEO of EBS, will become CEO of the new EBS-BrokerTec business

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