Business

摘要

Xavier Rolet stepped down with immediate effect as chief executive of the London Stock Exchange. The lse had announced that Mr Rolet was to stand down at the end of next year, but the resulting row between the board and The Children's Investment Fund, an activist investor that wanted him to stay, generated what Mr Rolet described as "a great deal of unwelcome publicity". Donald Brydon, the lse's chairman and the target of TCI'S ire, is also to leave his job, in 2019. All seven of Britain's biggest banks passed the annual round of stress tests for the first time since the system's inception in 2014. The tests assess how the banks would fare in an adverse situation under a range of factors, such as British house prices falling by a third. Mark Carney, the governor of the Bank of England, said the banks could cope with a "disorderly Brexit".