PIPS

- By FX Markets Staff
- @FXMarkets_
- 29 Jun 1998

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As FX Week went to press last week, rumours were rife in the London market that MW Marshall & Co would announce a merger on Friday. The names connected with the speculation included Tradition UK and Prebon Yamane. Sources say Prebon is unlikely to take on Marshall by itself, given the fact that it has pulled out of the spot FX market, but they add that Tradition, or a combination of the two, would be a better fit, as Tradition has a strong off-balance sheet capital markets business. In terms of

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