LCG managers Dave Worsfold and Matt Basi buy control from FlowBank liquidators
FlowBank was put into bankruptcy in 2024, and liquidator Walder Wyss has been looking for a buyer for LCG ever since.
Dave Worsfold
Exclusive: LCG sees positive cash flow in H2-2024, to report annual profit
LCG moved to an Introducer model under new managers Dave Worsfold and Matt Basi in 2023.
Exclusive: LCG back in business, FCA license restrictions removed
The halt in operations at LCG last month occurred in the aftermath of the bankruptcy of the company’s parent FlowBank in Switzerland.
Exclusive: LCG moves to introducer-only model (to IG)
Starting July 1, LCG will effectively become an introducing broker to (former) rival IG Group (LON:IGG).
Exclusive: LCG hires Dave Worsfold as CEO, adds other execs
LCG is controlled by Swiss neobank Flowbank SA, which is run by former LCG CEO Charles-Henri Sabet.
Exclusive: ADSS Group COO Dave Worsfold resigns
Dave Worsfold joined ADSS just over a year ago, following a 10-year career at CMC Markets where he was Director Of Operations.
