Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun Plural form of
brokership .
Etymologies
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Examples
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"There's a more than average amount of change in FTSE 100 brokerships at the moment," says Tim Waddell, co-head of corporate broking at UBS AG.
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In the past three months, at least four potentially lucrative brokerships for FTSE 100 companies have changed hands and senior brokers talk of at least half a dozen big companies planning reviews of their brokers this spring.
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Quite how lucrative this work is was highlighted last year by US investment bank JP Morgan's willingness to pay around £1bn to buy out its UK joint venture - JP Morgan Cazenove - which holds more FTSE 100 brokerships than any other firm.
Telegraph.co.uk: news, business, sport, the Daily Telegraph newspaper, Sunday Telegraph 2010
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Quite how lucrative this work is was highlighted last year by US investment bank JP Morgan's willingness to pay around £1bn to buy out its UK joint venture - JP Morgan Cazenove - which holds more FTSE 100 brokerships than any other firm.
Telegraph.co.uk: news, business, sport, the Daily Telegraph newspaper, Sunday Telegraph 2010
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