UK’s powerhouse financial sector would face heightened risk and an exodus of 232,000 jobs without certainty over Britain’s Brexit deal, MPs in the House of Commons have heard. Xavier Rolet, chief executive of the London Stock Exchange Group (LSE), said two thirds of the job losses would be felt outside Greater London, with the blow coming as soon as the euro clearing operation leaves Britain’s shores.
Finance Minister Felipe Larraín advanced efforts to integrate the Chilean and London stock exchanges during a recent visit to the United Kingdom. A delegation of government officials and business leaders accompanied the minister on his trip to promote foreign investment in Chile.
The London Stock Exchange is to buy Canada's TMX to claw back lost market share and create the world's fourth-largest bourse trading 4.1 trillion US dollars of stock a year.