The London Stock Exchange's boss Xavier Rolet has warned that hundreds of thousands of British jobs are at risk if euro clearing functions are moved abroad and if there is continued uncertainty over the final shape of Brexit. Speaking in testimony to a U.K. parliamentary committee on Tuesday, Rolet described the impact of clearing changes as "potentially systemic," given the huge number of transactions that would need to be migrated, Financial News reported. See the full report for more comments from top executives on the Brexit challenges facing the U.K. finance industry.
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