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FinnCap CEO: Brokers will have ‘no choice’ but to merge
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fnlondon.comConsolidation among City brokers will pick up unless the listings drought starts to reverse, according to the chief executive of FinnCap.
John Farrugia, who took over from founder Sam Smith as FinnCap's CEO in September, said that brokers would have "no choice" but to join forces if the current slump continues.
"If markets continue as they...
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