March 14, 2024 (NO COMMENTS)

Competing initiatives may dilute ‘network effect’ as race to fill void left by TP Icap intensifies

When a band loses its lead singer, the remaining members have a nagging sense of uncertainty. Will they end up like Fleetwood Mac, which eventually moved on from Peter Green’s departure to become bigger than ever? Or will they have the same fate as the Commodores, who were never quite the same after Lionel Ritchie went solo? TP Icap’s energy credit optimisation effort no doubt faced similar uncertainty following the departure in mid-2023 of its own front man, Richard Black.