Knight CEO - No Sales Unless For Good Of Firm

Knight Capital Group Logo

Thomas Joyce, moving to reassure Knight Capital employees after a report that it might get offers for its biggest unit, told them capital levels are strong and no deal will be done unless it makes sense for the company, according to a person briefed on the matter.

Joyce Puts Knight Survival Over Shares

Cristina Alesci Still

Knight Capital Group Inc. faced too much bankruptcy risk to make its share price the top priority as it negotiated a rescue, according to Thomas Joyce, the chairman and chief executive officer.