European market operator Euronext hires UBS' Novelli as new chairman


© Reuters. The coronavirus disease (COVID-19) outbreak, in Paris


PARIS (Reuters) – Pan-European stock market operator Euronext has hired Piero Novelli, a co-president at Swiss bank UBS, to become its new chairman, Euronext said on Monday.

Novelli has been co-president of the Investment Bank of UBS and a member of UBS’ Executive Board since October 2018.

Earlier this month Euronext, which aims to close its 4.3-billion-euro ($5.22 billion) acquisition of Borsa Italiana from the London Stock Exchange in the first half of 2021, reported higher-than-expected annual revenues.

($1 = 0.8239 euros)

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


READ  Reese's drops free three-cup packs for March Madness. Here's how to score a freebie


Please enter your comment!
Please enter your name here