A dynastic alliance

- Alexander Campbell
- 01 Mar 2006

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

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.

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

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

You already have an account with us*. Sign in below to continue.