LSE CEO Sees Systemic Risk if London Loses Clearing

The video discusses the implications of Brexit on business costs, particularly focusing on the potential fragmentation of clearing services. It highlights the benefits of global financial services since 2008 and the political versus economic cases surrounding euro clearing relocation. The challenges in the EU's regulatory framework for clearing are examined, along with potential opportunities in Saudi Arabia and the growth of IPOs.

What are the implications of a smaller pool of EU originated euro denominated clearing flows?

How could the EU's decision to create a fragmented euro clearing pool affect the euro as a global reserve currency?

In what ways have the first quarter numbers shown growth in the businesses discussed?