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United Kingdom

TP ICAP PLC (TCAPI.L)

TCAPI.L on London Stock Exchange

284.00GBp
16 Aug 2018
Change (% chg)

2.40 (+0.85%)
Prev Close
281.60
Open
281.10
Day's High
285.10
Day's Low
281.10
Volume
3,042,142
Avg. Vol
2,997,815
52-wk High
574.40
52-wk Low
245.80

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Tue, Aug 7 2018

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Broker TP ICAP chooses Paris as its EU hub post-Brexit

TP ICAP has chosen Paris as its European Union hub once Britain leaves the bloc, attracted by the city's focus on banking and asset management, its new CEO said on Tuesday, as the world's largest interdealer broker posted lower first-half profit.

UPDATE 2-Broker TP ICAP chooses Paris as its EU hub post-Brexit

* CEO says spoke to regulators in Frankfurt, Paris and Amsterdam

CORRECTED-Interdealer broker TP ICAP selects Paris for EU hub, profit falls

Aug 7 TP ICAP Plc, the world's largest interdealer broker, said on Tuesday it chose Paris to be its European Union headquarters after Britain leaves the bloc, as it reported a more than 52 percent drop in first-half pre-tax profit.

Broker TP ICAP fires CEO after profit warning

The world's largest financial broker TP ICAP fired Chief Executive John Phizackerley on Tuesday and warned rising costs would see profit fall short of expectations this year, sending its shares crashing by more than a third.

UPDATE 2-Broker TP ICAP fires CEO after profit warning

* Shares sink to over 3-year low (Adds details, shares, Phizackerley, analyst and source comment)

British inter-dealer broker TP ICAP's chairman to retire

The world's biggest interdealer broker, TP ICAP said its Chairman Rupert Robson will leave the group at the end of the year, nearly six years after he assumed the role.

UPDATE 2-TP ICAP shares fall on profit miss, embarks on Brexit plans

* Stock hits low down more than 10 pct (Adds CEO comments, details, share movement)

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