Xavier Rolet

London Stock Exchange must prepare to confront bad behaviour

The probe by former KPMG chairman Simon Collins looked at the departure of boss Xavier Rolet, who was forced to quit following claims about his …

London Stock Exchange

LSE Directors Should Confront `Behavioral Issues' Post-Rolet

London Stock Exchange Group Plc’s directors should be prepared to confront “behavioral and performance issues” among management, according to a …

London Stock Exchange

KPMG

March 2018<p>Lecturers express concern over future quality of degrees and £2.5m fees spent on consultants<p>Published: 21 Mar 2018<p>There’s too few firms at the top of accountancy - the competition authority must investigate<p>Published: 1:54 PM<p>Published: 1:54 PM<p>Head of industry’s watchdog says competition …

Conflicts of Interest

LSE profits rise 13% on higher financial market volatility

The London Stock Exchange Group reported double digit earnings growth in the first quarter as its clearing house and information businesses benefited …

London Stock Exchange

London Stock Exchange Group reports double digit earnings growth on back of strong information services performance

Income at the London Stock Exchange (LSE) soared 13 per cent to £520m for the financial year, as the exchange welcomed double-digit growth for …

Finance (UK)

London Stock Exchange profit rises

London Stock Exchange Group PLC (LSE.LN) said on Tuesday that its first-quarter gross profit rose 13%, after generating double-digit income growth …

London Stock Exchange

London Stock Exchange ‎rebel TCI gives backing to new chief

Sky News has learnt that Sir Christopher Hohn, who runs The Children's Investment Fund Management (TCI), told its investors late last week that he …

London Stock Exchange

ECB Is Said to Push SocGen to Name Deputy CEO Replacement

The European Central Bank is pushing Societe Generale SA to accelerate the search for a successor to Deputy Chief Executive Officer Didier Valet, …

Business

David Schwimmer – could he BE any more in charge of the stock exchange?

Schwimmer has been named CEO of the LSE. It is just possible it is not the one from Friends<p><b>Name:</b> David Schwimmer.<p><b>Age:</b> 49.<p><b>Appearance:</b> Barely recognisable.<p><b>I’ll say.</b> What happened to him?<p><b>What do you mean?</b> I was a big fan, but I’ve lost track of him over the years. What’s he been up to since?<p><b>Since …

Business

The One Where Ross Got Mistaken for a Banker

<b>When the London Stock Exchange announced their next chief executive, many people on Twitter had to do a double take and asked if it was really him.</b><p>David Schwimmer will take up his new role on 1 August. People on Twitter had just one question - is it the David Schwimmer of Friends fame who has had a …

News (U.S.)

London Stock Exchange Group appoints Goldman's Schwimmer as CEO

London Stock Exchange Group Plc said it appointed Goldman Sachs' David Schwimmer as chief executive officer effective Aug. 1.<p>Schwimmer has been with …

London Stock Exchange

Goldman Sachs Banker Hired to Do Very Little

Now is the season for uncontroversial CEO picks in finance. A few days after Deutsche Bank's reins were entrusted to a company lifer, London Stock …

Business

LSE picks Goldman Sachs veteran to replace Xavier Rolet as boss

The London Stock Exchange has hired a Goldman Sachs banker from New York to replace its previous boss Xavier Rolet, who left suddenly last year amid a major boardroom bust-up.<p>The exchange ended its six month search for a new boss on Friday by handing the reins to David Schwimmer, the Wall Street …

Business

Here’s the David Schwimmer You’ve Never Heard of

In turning to Goldman Sachs Group Inc. dealmaker David Schwimmer as chief, the London Stock Exchange Group Plc is signaling a path to a potentially …

Business

London Stock Exchange: friend with benefits

This Lex note is not The One with the Friends Jokes. David Schwimmer, new boss of the London Stock Exchange, has the same name as the actor who …

London Stock Exchange

London Stock Exchange turns to Goldman’s Schwimmer as CEO

The London Stock Exchange named Goldman Sachs’ veteran David Schwimmer as chief executive officer on Friday after a boardroom battle led to the departure of Xavier Rolet in November.<p>The appointment of Schwimmer, an American who has been with Goldman for 20 years and most recently served as global …

Business (Canada)

LSE names Goldman Sachs veteran Schwimmer as CEO

LONDON -- London Stock Exchange Group PLC on Friday appointed a 20-year veteran of Goldman Sachs Group Inc. as its new chief executive, filling a …

Goldman Sachs

Philip Georgiadis

The London Stock Exchange has appointed a Goldman Sachs banker as its new chief executive, after a protracted tussle with its key investor led to the early departure of previous boss Xavier Rolet.<p>The LSE, one of Europe’s largest exchanges, said on Friday that it had appointed 20-year Goldman …

London Stock Exchange

China Aiming for Shanghai-London Trading Link This Year

China is aiming to start a stock trading tie-up between Shanghai and London this year, according to a top official, creating a system that would give …

China

Ex-LSE boss Xavier Rolet to join Russian fertilizer giant

Xavier Rolet, the former chief executive of the London Stock Exchange, is set to join the board of Russian fertilizer giant Phosagro as an …

Xavier Rolet

Former LSE boss Xavier Rolet to join board of Russian fertiliser group

Xavier Rolet, the former boss of the London Stock Exchange, is to join the board of a Russian fertiliser company, in his first appointment since his acrimonious departure from the LSE.<p>PhosAgro exports fertiliser from five sites in the west of Russia to 100 countries around the world, although the …

Business

Should the London Stock Exchange gatecrash the CME's party?

This week’s £3.9bn deal between Michael Spencer’s electronic trading business and the world’s largest futures exchange has come at an awkward time for the London Stock Exchange.<p>The British bourse is an obvious candidate to gatecrash the deal between the CME and Nex, formerly known as Icap, but it …

London Stock Exchange

Editor's Notes: Time to wake up to your own online data dump

Having spent the past decade pouring my every opinion and interest on to Facebook, I find myself outraged to discover that the data generated by my …

Business (UK)

PwC paid £20.5m to wind up bust builder Carillion

PwC has been charging an average £360 per hour for each worker on the case since mid-January, and has around 112 staff working on Carillio - £12,500 …

Finance

Banker accused of £11m fraud in Gaddafi’s Libya

A fund manager has been accused of pocketing £11.5million in secret fees from Gaddafi’s Libyan regime in an elaborate fraud.<p>Frederic Marino is locked …

Corruption

CME’s pursuit of Michael Spencer's Nex Group could be gatecrashed by rivals

CME’s pursuit of Nex Group could be derailed by rival exchanges, analysts have said.<p>The London exchange founded by City titan Michael Spencer could …

Business (UK)

Worldwide bidding battle sparked for Spencer's broking giant Nex

A global bidding war is set to erupt for Nex Group, the financial technology giant created by City veteran ­Michael Spencer more than 30 years ago with two friends and a single trading screen.<p>A takeover approach from the owner of the Chicago Mercantile Exchange (CME) has sparked a frantic scramble …

Business

Saudi Aramco IPO delayed until 2019, UK officials told

Saudi Aramco’s listing is unlikely to go ahead this year, according to British officials who have been warned by their Saudi counterparts that the …

Saudi Arabia

The Institute of Directors requires a quality judge, London risks Aramco IPO snub and Tony Hayward seals the deal

More City than Soviet – inverting Sir Ken Olisa’s oft-used phrase (coined when describing the governance shenanigans at Kazakh miner ENRC) might seem …

Business (UK)

CITY DIARY: Ex-LSE boss Xavier Rolet, has 'several irons in the fire'

Love-him-or-loathe-him ex-London Stock Exchange boss Xavier Rolet, who departed his £5.7million-a-year role abruptly following a spat with fusty …

Personal Finance (UK)