Thursday, 3 September 2015
Last updated 4 hours ago
Jun 4 2014 | 8:37am ET
The CEO of interbroker dealer Tullett Prebon will step down as soon as this month.
Terry Smith will exit the London-based firm after eight years at the helm to focus on his four-year-old asset management business, Fundsmith, The Wall Street Journal reports. Tullett Prebon said he would remain in the post until his successor is named, a process it said was “well advanced.”
Former Lehman Brothers and Nomura Holdings executive John Phizackerley is the front-runner to take over for Smith. According to the Journal, he and Tullett Prebon are in advanced talks.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…