The £20bn mega-merger between the London Stock Exchange (LSE) and Germany’s Deutsche Boerse is facing difficulties as Brexit has led to divisive recommendations on the location of the company’s new headquarters. A referendum committee made up of representatives from both parties is looking into the impact of Brexit. With German politicians and regulators as well as the European Union suggesting the headquarters remain in an EU city, the LSE is adamant on maintaining its already legally binding London location. In a letter sent to shareholders last week, chief executive Antony Jenkins said that while it was “very much our view that we should retain our current home at Canary Wharf”, he acknowledged there were
The £20bn mega-merger between the London Stock Exchange (LSE) and Germany’s Deutsche Boerse is facing difficulties as Brexit has led to divisive recommendations on the location of the company’s new headquarters. With German politicians and regulators as well as the European Union suggesting the headquarters remain in an EU city, the LSE is adamant on maintaining its already legally binding London location. In a letter sent to shareholders last week, chief executive Antony Jenkins said that while it was “very much our view that we should retain our current home at Canary Wharf”, he acknowledged there were