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.
FlowBank was put into bankruptcy in 2024, and liquidator Walder Wyss has been looking for a buyer for LCG ever since.
LCG moved to an Introducer model under new managers Dave Worsfold and Matt Basi in 2023.
The halt in operations at LCG last month occurred in the aftermath of the bankruptcy of the company’s parent FlowBank in Switzerland.
LCG is controlled by Swiss neobank Flowbank SA, which is run by former LCG CEO Charles-Henri Sabet.