LONDON (Reuters) - Britain should replicate New York's success in listing "blank cheque" companies to boost the City of London's attractiveness as a global financial centre after Brexit, London Stock Exchange Chief Executive David Schwimmer said on Friday.
"SPACs clearly have taken off in the U.S. markets. There is increasing curiosity and potential interest in seeing more of them here," Schwimmer told Reuters.
"We do think are opportunities in the UK listings regime to make some changes that would make us a more attractive listing regime while maintaining high standards of corporate governance."
(Reporting by Huw Jones; Editing by Rachel Armstrong)
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Presently, David Adam Schwimmer occupies the position of Group Chief Executive Officer & Executive Director at London Stock Exchange Group Plc. He is also on the board of LCH Group Holdings Ltd. and Center for a New American Security. He previously was Principal at Goldman Sachs LLC (Russia) and Global Head-Market Structure, Metals & Mining at Goldman Sachs & Co. LLC. Mr. Schwimmer received an undergraduate degree from Harvard Law School, an undergraduate degree from Yale University and a graduate degree from Fletcher School of Law.
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