London — The London Stock Exchange (LSE) said its CEO, Xavier Rolet, has left after the bourse’s clash with a top shareholder dragged in the Bank of England (BoE). LSE chairman Donald Brydon had indicated he would not stand for re-election at the annual general meeting in 2019, the exchange said in a statement on Wednesday. LSE chief financial officer David Warren would replace Rolet on an interim basis. The exchange faces a tricky time as Britain navigates its departure from the EU and risks losing a chunk of its derivatives clearing business to the continent. Rolet had already announced he would step down at the end of 2018, but shareholder TCI, an activist hedge fund, had accused Brydon of pushing him out and called for a general meeting to be held to oust Brydon. TCI had no comment on the announcement. Rolet is credited with turning the LSE into a more solid, diversified exchange group, but the Frenchman and former investment banker was unable to seal a merger with Deutsche Boer...
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