Financial titan Terry Smith's Tullett Prebon brokerage issues the most pessimistic forecast for the UK economy from a City institution in months... more
City Comment: While the Western world as a whole is still struggling to return to stable and well-founded growth, much of the financial world is as robust now as it was before the crash... more
Although it passed without much notice here, there was an interesting settlement in New York last year in which a group of interdealer brokers (IDBs) agreed to pay fines rather than continue to fight allegations of price-rigging... more
Revenge is best served cold, as Terry Smith hopes to demonstrate the when former Collins Stewart and Tullett Prebon director Michael Fallon is elected chairman of the Treasury Select Committee... more
Amazing how Pru chief Tidjane Thiam thought that being a non-executive director at Société Générale would only take up a day a month of his time... more
Terry Smith, chief executive of interdealer broker Tullett Prebon, is standing down as chairman of stockbroker and investment bank Collins Stewart... more
Not as many traders as feared will leave Britain following the top tax rate rise next month, says Terry Smith, the chief executive of broker Tullett Prebon... more
Terry Smith’s broking firm Tullett Prebon, which is fighting a High Court case accusing rival BGC Partners of trying to poach up to 90 London staff, said its business had been “robust” over the last four months ... more
Broking house Tullett Prebon reported a 10% rise in revenues as it faced shareholders over the £4.5 million bonus paid to chief executive Terry Smith ... more
Chief executive of interdealer broker Tullett Prebon, Terry Smith has warned the current financial crisis could be as bad as the Long Depression of the 1870s... more
The fallout from the banking crisis and stock market collapse continues to shake investors who remain sellers of everything connected with the financial sector... more
Stockbroking: City pugilist Terry Smith saw his second big deal in a fortnight fall apart as an unnamed bidder walked away from his £250 million broker and investment bank Collins Stewart... more
It was inevitable the financial sector would lead the charge on the stock market today, in response to the US Government’s decision to rescue mortgage lenders Fannie Mae and Freddie Mac with a cash injection in excess of £100 million... more
A couple of months ago, a pound was worth two dollars. Yesterday, it fell through $1.80. It would be no surprise to me to see it slide to $1.65 before Christmas. Even that, given the way markets work, needs not be the floor. ... more
Investment banks are looking at setting up their own interdealer broking systems to rival the likes of Icap and Tullett Prebon in the interest rates and credit derivatives markets.... more
Exclusive: After high-profile allegations this season, Charlton's manager is pleased the issue is now being addressed but says the authorities still have plenty of work to do
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