
A dynastic alliance
Profile: Lou Scotto

Tullett Prebon’s New York-based chief executive, Lou Scotto, is in a philosophical mood: “A merger is like a marriage. If it works, great; if not, it takes a lot of work to unwind it.” And in the broking world, the Tullett-Prebon merger was the equivalent of a major dynastic alliance.
Closing in October 2004, when Collins Stewart Tullett paid £132 million for Prebon Yamane, the deal combined the second and third top brokers (according to the 2004 Risk interdealer rankings) into a company that
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact info@risk.net to find out more.
You are currently unable to copy this content. Please contact info@risk.net to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@risk.net
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@risk.net
More on People
People: Finma CEO quits, Citi’s dealmaking promotion, and more
Latest job changes across the industry
People: Paco packs up at Citi, Credit Suisse exits continue, and more
Latest job changes across the industry
People moves: Wipf hands ARRC reins to Phelan, Tyce heads to Nomura, and more
Latest job changes across the industry
People: Barclays’ equity hires, CA’s CVA head departs, and more
Latest job changes across the industry
Asia moves: Senior hires at BNP Paribas, BNY Mellon and more
Latest job news from across the industry
Barclays retools inflation desk with two senior hires
UK bank raids Deutsche Bank and JP Morgan for new regional heads
Asia moves: Senior hires at Nomura, HKEX and more
Latest job news from across the industry
Asia moves: Senior hires at Citi, Nomura and more
Latest job news from across the industry