Icap held its 21st Charity Day last week and raised £9.5 million worldwide, which the firm says is equivalent to approximately three percent of its full year pre-tax profits.
It brings the total amount raised through Icap’s Charity Day since 1993 to £110 million.
Michael Spencer, group CEO of Icap, says, “This is again an incredible achievement and I’d like to thank our employees, customers and suppliers as well as our distinguished guests. They have all made an enormous effort to raise this figure for the 200 charities we are supporting around the world.”
100% of the firm’s revenues and 100% of its brokers' commissions from the day go directly to charities. This year, Icap is supporting 200 charities globally, having supported more than 1,400 charities since the first Charity Day in 1993.