Log in
Login
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  London Stock Exchange Group Plc    LSE   GB00B0SWJX34

Delayed Quote. Delayed  - 06/24 05:35:07 pm
2500 GBp   -8.59%
06/25DJDEUTSCHE BOERSE : Börse-LSE Merger Still On -- WSJ
06/25DJJOACHIM FABER : Deutsche Börse, LSE to Push Ahead with Merger Despit..
06/25DJDEUTSCHE BOERSE : Correction to Deutsche Börse, LSE to Push Ahead wi..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

LSE CEO: Regulators Should Promote Use Of Equities To Finance Growth

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/24/2012 | 04:29pm CEST

The chief executive of London Stock Exchange Group PLC (>> London Stock Exchange Group Plc) Thursday urged regulators to promote the use of equities as a source of companies' financing with the ultimate goal to boost economic growth.

"Governors must reprogram economies to use equities markets to push growth," Xavier Rolet said in a speech given at a conference organized by the International Capital Market Association.

Rolet said a better risk culture for equities as a funding tool should be developed.

He argued that regulation had a role in influencing the preference for the use of debt, rather than equities, to finance companies.

"Fiscal policies induced the use of debt," he said. Since debt was tax deductible, companies were more inclined to borrow money rather than fund their operations through the issuance of equity.

"We need regulations focused on growth," which Rolet said could be achieved if regulators reduced the cost of capital, which would in turn create more jobs.

Rolet's speech comes a day after Italian banks Intesa Sanpaolo SpA (>> Intesa Sanpaolo SpA) and UniCredit SpA (>> UniCredit SpA) said they sold their entire stakes in LSE, helping to send the U.K. exchange's stock sharply lower.

"I would have done the same in their position, given the stock's good performance this year," he said. "I am sure we'll continue to have a good relationship."

-By Giovanni Legorano, Dow Jones Newswires, +39 342 7006537; Giovanni.Legorano@dowjones.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
React to this article
Latest news on LONDON STOCK EXCHANGE GROU
06/25DJDEUTSCHE BOERSE : Börse-LSE Merger Still On -- WSJ
06/25DJJOACHIM FABER : Deutsche Börse, LSE to Push Ahead with Merger Despite 'Brexit' V..
06/25DJDEUTSCHE BOERSE : Correction to Deutsche Börse, LSE to Push Ahead with Merger De..
06/24 DEUTSCHE BOERSE WORKERS : Merger With LSE Must Have Frankfurt As HQ
06/24 DEUTSCHE BOERSE : German regulators grow sceptical on Deutsche Boerse-LSE - sour..
06/24DJDEUTSCHE BOERSE : Börse, LSE to Push Ahead with Merger Despite 'Brexit' Vote--Up..
06/24DJDEUTSCHE BOERSE : Bö rse, LSE Deal On Despite 'Brexit'
06/24DJJOACHIM FABER : Deutsche Börse, LSE to Push On with Merger Despite 'Brexit' Vote
06/24DJJOACHIM FABER : Deutsche Börse, LSE to Push Ahead with Merger Despite 'Brexit' V..
06/24DJLSE : Brexit Doesn't Impact Merger with Deutsche Borse
Advertisement
News chart
Full-screen chart
Income Statement Evolution
More Financials