Young Joins Babcock In London To Boost Its European Presence

In a move to sort out its European operations and bolster its presence there, money broker Babcock Fulton Prebon has recruited Michael Young from rival broker Harlow Butler Europe, as managing director for European strategy. Young will be "advising the group on the best way forward to develop and promote our business in continental Europe and in London," he says.

Babcock, which went through a management buyout last year when its parent company was placed in receivership, currently has offices in