LSE may strike deal with rivals in two years, CEO tells WSJ

April 22, 2015 12:51 PM

59 0

April 22 (Reuters) - The London Stock Exchange Group , among the world's oldest exchanges, may strike a deal with one of the big four Western exchanges within two years, the group's chief executive told the Wall Street Journal in an interview.

"Market infrastructure is still a bit of a cottage industry. It is ripe for change. When there is an industry with competitive tension, consolidation tends to be not too far behind," CEO Xavier Rolet told the newspaper.

Also read: Trump told Apple CEO iPhones will be spared from China tariffs: NYT

Read more

To category page