Tullett Prebon CEO To Exit

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.


In Depth

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

FATCA for Hedge Funds: Eight Common Pitfalls

Sep 1 2015 | 10:56am ET

FATCA is now a way of life for those in the financial industry and most professionals...

 

Editor's Note