Rangers chief’s South Africa investment firm in deal to sell off most of its financial services wing:
THE South African investment firm founded and run by Rangers chairman Dave King has struck a deal to sell off most of its financial services wing to a broker to Wall Street's biggest banks, it has emerged. GFI Group, the New York-based brokerage firm founded by British-born multi-millionaire banker Michael Gooch, has confirmed the deal to capture Micromega Securities – an electronic interdealer broker in the wholesale and retail financial markets.
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