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Stock market operator Euronext hires UBS' Novelli as new chairman

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Euronext has hired Piero Novelli, a co-president at Swiss bank UBS, to become its new chairman, the pan-European stock market operator said on onday.

FILE PHOTO: The Euronext logo is seen at the financial and business district of La Defense, amid the outbreak of the coronavirus disease , in Paris, France, November 10, 2020. REUTERS/Benoit TessierNovelli has been co-president of Investment Bank of UBS and a member of UBS' executive board since October 2018, Euronext said, adding that Novelli has also advised many Italian companies on major deals.Euronext, which aims to close its 4.

Growing income from listings, trading and clearing activities after some acquisitions helped boost the company's annual numbers. Data published this month also showed that Euronext's Amsterdam hub had displaced London as Europe's biggest share trading centre after Britain left the European Union's single market following the Brexit deal.

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