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This article was written by Jock Percy, CEO of Perseus.
This year will mark the 30-year anniversary of the original founding of Michael Spencer’s Intercapital Private Group (ICAP). Three decades is a long time, especially in business, and its evolution into the market-leading ICAP has corresponded with some of the most profound changes to the structure of the financial industry along the way.
Spencer’s announcement in May that ICAP will be rebranding as NEX Group signals a radical departure that once again reflects market structure changes on a global scale.
The name change will mirror the new business model ... (read more)