The following year in recognition of its relationship with the Yamane group of companies in Japan, the company was renamed Prebon Yamane. The combined group known as Babcock Fulton Prebon was the subject of a management buyout in 1991. (established 1926), Kirkland-Whittaker (established 1951) and Babcock & Brown (established 1986). Marshalls were not the only exchange brokers in town, because in the 1920s another company began broking foreign exchange, Charles Fulton and Co.Д«y 1967 the Marshall family sold out, and in 1972 the company was acquired by Mercantile House Holdings plc.Д«etween 19, first Mercantile House and then International City Holdings (ICH), provided consolidation platforms for many of the hitherto independent broking houses: Prebon (US) money broker, Charles Fulton and Co., Woellworth and Co.

The business flourished and the Marshall family remained in active control of the company right up until 1967. In 1923 the company changed its name to M.W. In 1910, Matthew Wilberforce Marshall (son of Matthew Marshall junior) became senior partner of Marshall & Sons. Matthew junior began his working career at the Bank in 1839, before moving into broking. Matthew was well connected as his father, also called Mat thew, was Chief Cashier at the Bank of England and was responsible for the Bank Charter Act of 1855.

In 1868, Matthew Marshall founded a company called Marshall & Son. Behind the consolidation process of the last five years lays a heritage stretching back 140 years, to 1868. The Tullett Prebon brand now enjoys unrivalled recognition in the markets globally.

Tullett icap