ICAP's Spencer on Profit, Regulation

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May 19 (Bloomberg) -- Michael Spencer, chief executive officer of ICAP Plc, talks about the outlook for financial regulation and full-year profit. The world’s largest broker of transactions between banks said pretax profit fell 5 percent as markets stabilized and volatility declined. He speaks with Bloomberg's Maryam Nemazee, Manus Cranny and Mark Barton in London. (Source: Bloomberg)


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