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TP Icap to do more business in the eurozone after Brexit

Interdealer broker reports revenue increase in 2016 after a second-half boost thanks to the UK referendum and US elections

TP Icap to do more business in the eurozone after Brexit

Interdealer broker TP Icap said that Brexit means it expects to look after more of its clients from within the eurozone in the future.

The UK's vote to leave the European Union has increased the importance of TP Icap's network of offices in Paris, Frankfurt, Madrid and other cities. Chief executive John Phizackerley said the company was likely to increase the number of staff employed in continental Europe.

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