Coins Network reported:
Damian Reed, former senior sales account manager at London Capital Group (LCG), is now the Business Development Director at Global Market Index Ltd (GMI UK). GMI, headquartered in London, provides services to B2B financial firms and professional traders.
London Capital Group
According to Reed’s LinkedIn profile, he worked at London Capital Group, also based in London, for over eight years. He joined the company in 2016 as a sales account manager and was later promoted to senior sales account manager.
LCG specializes in online trading services and has a history of nearly twenty years in the industry. According to the company’s LinkedIn profile, the multi-asset platform features trading in forex, contracts for difference, stocks, and commodities. It is reported to be regulated by the Cyprus Securities and Exchange Commission and the Financial Conduct Authority.
Meanwhile, the liquidator of bankrupt FlowBank announced plans to sell the bankrupt company’s entire shareholding in London Capital Group (LCG) UK and cease operations of its subsidiary entity in the Bahamas.
The liquidator from Walder Wyss Ltd stated, “Regarding LCG UK, the liquidator is currently seeking potential buyers interested in acquiring all shares of LCG.” “Regarding LCG Bahamas, the liquidator intends to cease operations of LCG Bahamas.”
As the story develops, further changes are expected.
