Investment Banking

Numis broking desk starts the month with a pinch and a punch

UK stockbroking firm picks up one corporate broking client from JP Morgan but loses another to Panmure Gordon

Numis broking desk starts the month with a pinch and a punch
Photo: iStockPhoto

Numis Securities' corporate broking desk has been given a pinch and a punch on the first day of the month.

UK-listed ICG Enterprise Trust said in a statement on November 1 that it had replaced its corporate broker JP Morgan with Numis. But on the same morning, the global recruitment firm Harvey Nash named Panmure Gordon as its broker. A spokeswoman for Harvey Nash said Panmure had replaced Numis.

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