UK broker probe fallout will be manageable: JP Morgan

Views of the effect on Aon, Willis Towers Watson and Marsh &
McLennan of probes into broker compensation shifted as the week
wore on, with JP Morgan analyst Sarah DeWitt saying today that
investor "concerns are overblown" and that any potential
fallout will be manageable.
The UK Financial Conduct Authority (FCA) and the European
Commission (EU) are investigating the facilities and aviation
brokerage businesses, which DeWitt estimates account for just 1
percent to 2 percent of total revenue f