London Bike Show 2013
Tullett Prebon was founded by Derek Tullett in 1971 as a foreign exchange broker trading as Tullett & Riley. During the 1970s and 1980s, it opened a number of overseas offices. In 1999 the Company merged with Liberty Brokerage to create Tullett Liberty.
In early 2003 the Company was bought by Collins Stewart plc, a financial services company, creating Collins Stewart Tullett plc.
In October 2004 the Company acquired Prebon Yamane, a broking business formed in 1990 following the merger of three leading London-based money broking businesses - Babcock & Brown, Kirkland-Whittaker and Fulton Prebon - and which had adopted that name in acknowledgement of the firm's close business alliance with the Tokyo-based Yamane Group.
In December 2006, the group demerged,[specify] forming two separate entities: Collins Stewart and Tullett Prebon.
The Company completed the acquisition of Chapdelaine, a US broker, in January 2007 and integrated the business into the its existing operations.
In September 2012, the company was asked to help the Financial Services Authority's investigation into malpractice across the City of London, with particular interest in the LIBOR interest rate fixing.