Tullett Cuts Senior IT Staff at Prebon

FRONT PAGE: ORGANIZATION AND MANAGEMENT

LONDON—Collins Stewart Tullett, the U.K.-based interdealer broker (IDB) that recently completed its acquisition of Prebon Yamane, is cutting senior IT executives from Prebon as part of its plans to integrate the two firms, say industry sources.

Among the high-profile casualties of the merger are said to be: John Helme, Prebon's CTO; Patrick McGrath, head of technology strategy for Prebon Technology Group (PTG); Tim Dennis, head of business development for PTG; Geoffrey Sanderson, PTG CEO; and U

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