London-based interdealer broker Icap has confirmed that it is part of a consortium of financial institutions interested in acquiring LCH.Clearnet, in deal which could scupper the London-based clearing house’s plan to merge with the Depository Trust & Clearing Corp.
In a statement released today (Monday February 2), Icap said it was “an equal member of a consortium of a number of financial institutions that is collectively considering a possible cash offer LCH.Clearnet”....