Garban-Intercapital Restructures Around 3 Core Businesses

EARNINGS REPORT

LONDON--Garban-Intercapital has announced plans to restructure the company around three core business units. The company has also released results for the year ended March 31, 2001.

The three core units are interdealer brokering (known as Garban-Intercapital), electronic broking and market information or market data divisions. Declan Kelly is chief executive of the information services unit, and Steve McDermott serves as chief executive for electronic brokering.

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