NEX Group increases cost savings target amid falling profits
Cost savings were raised from £25 million to £40 million after NEX Group reports a fall in profits in the first half of this year.
NEX Group is the latest to report a surge in trading activity following the US election result.
Transaction requires other change of control consents before completion.
ICAP will hold its latest charity on 7 December, raising funds for various charities around the world.
ICAP’s latest acquisition of Abide Financial adds to the growing list of Fintech firms snapped up by the group.
Abide Financial to become subsidiary of ICAP’s post-trade risk and information business, headed up by CEO Jenny Knott.