Twin Tower firm marks recovery

THE CITY broker that lost two thirds of its staff in the attack on the World Trade Centre has marked its recovery by moving into new offices in New York. US-owned Cantor Fitzgerald is moving into the third to seventh floors of a 40-storey office a mile away from Ground Zero.

Its chairman, Howard Lutnick will today tell a CBI conference in London that the company has got through the tragedy because of its close-knit working environment where friends and relatives are given priority as prospective employees.

A total of 658 of the 1,000 Cantor staff who worked in the Centre were killed. The firm is handing over 25% of its annual profits until $130m has been raised to support the bereaved families.