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Stéphane Boujnah, Euronext chairman: "Crypto and betting only offer capital gains, not returns"

FinanceInternationalEL PAÍSAI summary
Image: EL PAÍS

Stéphane Boujnah, chairman and CEO of Euronext, will leave his post on May 27 after 12 years and will be succeeded by David Knibbe, until now CEO of NN Group. During his tenure, the pan-European exchange's revenue grew from 458 million to 1.823 billion euros and net profit multiplied fivefold to 642 million. Boujnah regrets not having acquired BME, which ended up in the hands of SIX, and warns that crypto and betting attract young people because they resemble a video game.

In 40 seconds

  • Boujnah leaves Euronext on May 27 after 12 years; his successor will be David Knibbe, CEO of NN Group
  • During his tenure revenue rose from 458 to 1.823 billion euros and net profit multiplied fivefold to 642 million
  • Euronext failed to buy BME, which went to SIX after paying 2.8 billion, and withdrew its bid for Allfunds
Read the full story at EL PAÍS

IASummary generated by artificial intelligence from a story by EL PAÍS. It may contain errors: the original source prevails.

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