Euronext hires UBS co-president as new chairman

Montag, 15. Februar 2021 08:06

Euronext N.V. announced on Monday the company has appointed UBS Group AG co-President and board member Piero Novelli as its new chairman.

The move comes amid the plans pushed by the largest European stock market operator to finalize its €4.3 billion acquisition of the Italian Bourse from the London Stock Exchange in the first half of the year.

Earlier this month, Euronext's Amsterdam hub replaced London as the continent's biggest share trading center after the United Kingdom left the European Single Market as part of the Brexit withdrawal agreement.

Related Links: UBS Group AGEuronext N.V.
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