The listed firm since April 2024 has 'refuted all of the allegations' recently made by a report from NINGI Research in its Q2 2025 earnings call.
Marex Group CEO Ian Lowitt ( pictured below ) has made a rebuttal of a report published by short seller NINGI Research on 5 August, which labelled the British organisation ‘a financial house of cards’. There are no off balance sheet entities at Marex, and all of our activity is consolidated in our reporting and in our public financials - Ian Lowitt In the report, NINGI Research stated: ‘We are short Marex Group, because, in our opinion, Marex has engaged in a multi-year acc