Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

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

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

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 CET

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
Latest news on LONDON STOCK EXCHANGE GROU
01:17a NO PLANS TO MOVE CLEARING OPERATIONS : Lseg
01/16 LONDON STOCK EXCHANGE : Listed Italian companies meet with investors in London
01/16 LONDON STOCK EXCHANGE : City minister says confident London can keep euro-cleari..
01/16DJLONDON STOCK EXCHANGE : LSE Group Denies Speculation About Post-Merger Relocatio..
01/16 TOP NEWS : London Stock Exchange Denies Speculation About Relocating
01/16 LONDON STOCK EXCHANGE : Clarification Statement
01/13 LONDON STOCK EXCHANGE : AIM reaches £100 billion raised mark
01/12 LONDON STOCK EXCHANGE : LSE Boerse chiefs travel to meet top German politician -..
01/12 LONDON STOCK EXCHANGE : GF International Asset Management launches first ETF on ..
01/11 LONDON STOCK EXCHANGE : 232,000 jobs 'at risk' from
More news
Sector news : Financial & Commodity Market Operators - NEC
01/12 HONG KONG EXCHANGES AND CLEARING : LME electronic trading to reopen at 0600 GMT ..
01/03DJLondon Stock Exchange Group Agrees Sale of LCH SA
2016DJNymex Trading Pits Shut Down, Marking End of an Era
2016DJMultiple Buyers, Not One, Influenced Most Active E-Mini Move of 2016
2016 HONG KONG EXCHANGES AND CLEARING : Former LME accountant pleads guilty to credit..
More sector news : Financial & Commodity Market Operators - NEC
News from SeekingAlpha
2016 Deutsche Boerse cites 63.7% approval for $27B London Stock Exchange merger
2016 WALL STREET BREAKFAST : Q2 Earnings Season Kicks Off
2016 Deutsche Boerse reconsiders vote threshold for LSE merger
2016 WALL STREET BREAKFAST : Markets Eye Fed Minutes
2016 Deutsche Boerse signals HQ may be outside U.K. post-merger
Advertisement
Financials ( GBP)
Sales 2016 1 557 M
EBIT 2016 705 M
Net income 2016 116 M
Debt 2016 460 M
Yield 2016 1,31%
P/E ratio 2016 30,46
P/E ratio 2017 23,05
EV / Sales 2016 6,92x
EV / Sales 2017 6,13x
Capitalization 10 320 M
More Financials
Chart LONDON STOCK EXCHANGE GROU
Duration : Period :
London Stock Exchange Grou Technical Analysis Chart | LSE | GB00B0SWJX34 | 4-Traders
Full-screen chart
Technical analysis trends LONDON STOCK EXCH...
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 8
Average target price 30,4  GBP
Spread / Average Target 3,1%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Xavier Rolet Group Chief Executive Officer & Executive Director
Donald Hood Brydon Chairman
Christopher F. Corrado Group Chief Operating & Information Officer
David P. Warren Group Chief Financial Officer & Executive Director
Raffaele Jerusalmi Executive Director & Director-Capital Markets
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
LONDON STOCK EXCHANGE ..0.65%12 506
CME GROUP INC1.32%39 659
INTERCONTINENTAL EXCHA..0.73%33 852
HONG KONG EXCHANGES AN..0.49%29 206
DEUTSCHE BOERSE AG0.70%16 054
INTERACTIVE BROKERS GR..6.22%15 912
More Results