Exco Executives Look Ahead With Ownership Sorted Out

BROKERS

The sale of some 27 percent of Exco to Caledonia Investments (FX Week, June 5) comes as a great relief to the firm's chairman Richard Lacy. "We are very pleased that the matter has been resolved," he says. "It has occupied a lot of management time in the past two years." Now that the money broker is now longer chiefly in the hands of administrators--which it has been ever since its parent, British and Commonwealth, went under in 1990-- means that management can refocus attention on the busin

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: