Financial Times FT.com

Why broking ain't broken

By Andrew Hill

Published: July 10 2009 03:00 | Last updated: July 10 2009 03:00

Traditionalists like to think corporate broking is as far from the sales-led shoutiness and back-stabbing of The Apprentice as you can get.

But Drax's innovative decision to set competing candidates for co-broker tasks is only the logical next step in the healthy evolution of the time-honoured City practice.

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