The London Stock Exchange Group has shrugged off “challenging” markets to report a hike in first-quarter income as its clearing house, LCH, enjoyed surging growth.
London Stock Exchange
The FTSE 100 made some modest gains on Monday, kicking off the week with a lacklustre session.
A stock market bloodbath saw £37 billion wiped off the FTSE 100 on Friday as a host of weak economic data pummelled shares.
London Stock Exchange Group has posted a rise in annual sales and profits, but the company’s new chief executive said he would prioritise investment over earnings growth.
Sterling surged to fresh highs on Wednesday as currency traders continue to be boosted by the belief that Britain’s departure from the European Union will be delayed.
There was big news in the world of finance this morning as Goldman Sachs banker David Schwimmer was named the new chief executive of the London Stock Exchange.