ICAP Plc cut Chief Executive Officer Michael Spencer’s bonus 75 percent after profit missed targets and the interdealer broker paid a fine to settle a probe by British and U.S. regulators into Libor-rigging.
Inside a nondescript office building in central London, a roomful of men and women sit at computer screens and talk over Skype with people in faraway places. Sharp-edged Cantonese fills the air, and a flat-screen TV emits a continuous din. It’s the chanting, singing Midlands crowd at Birmingham, England’s Villa Park Stadium: Liverpool at Aston Villa. The match has just kicked off.
The sun has just risen above the snow-covered summit of Mount Kenya when Ben Simpson lifts off from the backyard of his tin-roofed cottage on Kenya’s Laikipia Plateau. A lean, sun-weathered 39, Simpson is among the most- experienced and -sought-after bush pilots on the African continent, Bloomberg Pursuits will report in its Summer 2014 issue.
ICAP Plc Chief Executive Officer Michael Spencer comments on efforts to curb the euro debt crisis and Greece. Spencer spoke in an interview at ICAP during a charity fund-raising event in his London offices.