On 20 July, one of America’s most influential businesswomen, Cathy Kinney, will swap Wall Street for the boulevards of Paris. Kinney is one of
the New York Stock Exchange’s big chiefs — president and co-chief operating officer
of the newly merged $20 billion NYSE–Euronext group — and she’s moving to the French bourse’s headquarters at
39 rue Cambon, where she has been charged with setting up the nerve-centre of the NYSE’s global offensive. Her boss, the ambitious NYSE chief executive John Thain,
has already tucked Euronext (the pan-European bourse which encompasses Paris, Amsterdam, Lisbon and Brussels) under his formidable belt. Now he wants to make that merger sweat by conquering the rest of Europe and the Far East, which he reckons can be done best from the French capital.
As head of a new global listings bureau, Kinney’s task is to halt the flow of overseas companies coming to the London Stock Exchange, wooing them instead to NYSE–Euronext’s Big Board.
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