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London stock exchange appoints Frenchman as CE oh


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Xavier Rolet, a former senior executive at collapsed US bank Lehman Brothers. hopes he can do the same for the London stock market.

"I look forward to contributing to its continued success".

Rolet was a senior executive at Lehman Brothers' Europe division between 2000 and 2008, latterly heading up Lehman in France.

Lehman Brothers sought bankruptcy protection last September after frantic talks failed to find a buyer for the 600-billion-dollar Wall Street giant and the US government decided not to step in and save it.

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