UK group conducting 'thorough' Audit of inter-alliance broker businesses
UK intermediary firm Millfield is conducting a review into the future of Inter-Alliance International and Inter-Alliance WorldNet. This follows the takeover of Inter-Alliance by Millfield last year and the review will consider all options for the offshore broker firm and network. But Brian Cosgrave, chief executive of Inter-Alliance International and Inter-Alliance WorldNet, argued that even if Millfield decided to sell the offshore intermediary firm and network, they are profitable as standalone businesses. Paul Tebbutt, chief executive of Millfield, said: "We are carrying out a thorou...
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