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In mid-June, UBS filed a broker report for Mr. Arbizu's successor, Mr. Decastro, saying that he had left the firm amid an internal investigation of "violations of firm compliance and client confidentiality rules".
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Ms. Liebman said that one Corcoran broker reported having six contracts signed in the last week.
Based on broker reports and industry analysis, the report forecasts that those rates of decline will continue, with prices falling close to the $1 mark in 2013.
Icap has dropped more than 4% after the interdealer broker reported a dramatic drop in foreign exchange trading volumes in April.
Among the mid-caps Icap has jumped 18.5p to 315.9p after the interdealer broker reported a 20% fall in full year profits to £284m.
She will be vice chairwoman of the company's flagship business, Marsh Inc., the world's largest insurance broker, reporting to John Sinnott.
Among the mid-caps Icap jumped 42.3p to 339.7p after the interdealer broker reported a 20% fall in full year profits to £284m.
Marsh McLennan & Companies, the world's largest insurance broker, reported a 17percentt rise in operating earnings, to $506 million, for the second quarter.
The E*Trade Financial Corporation, an online broker, reported a bigger-than-expected second-quarter loss Tuesday and warned that credit-related troubles could result in more losses.
[C7.] Marsh & McLennan's Profit Falls 57 Percent The Marsh & McLennan Companies, the world's largest insurance broker, reported a 57percentt decline in profit in its second quarter as it struggled to reorganize after a confrontation with regulators over accusations of rigging bids and steering clients to the highest-paying insurers.
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