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Can I get broadband without a landline? A high-flying executive who became one of the most prominent female bosses in the banking crisis has been tipped to become the new head of the London Stock Exchange. British-born Blythe Masters, 48, a former finance chief at Wall Street bank JP Morgan, has been identified as a possible candidate amid an unseemly row that has led to the sudden departure of Xavier Rolet after eight years as chief executive. He dramatically left last week following an intervention from the Governor of the Bank of England, Mark Carney. It had been announced in October that Rolet would be departing, but possibly not until the end of 2018.
Rolet, backed by a major shareholder, and LSE chairman Donald Brydon. Now numerous market sources contacted by The Mail on Sunday have identified Masters as a possible replacement for Rolet. They say her deep understanding of financial markets would make her the perfect candidate to run the exchange. Masters is currently chief executive of financial technology business Digital Asset, having stepped down from her 27-year JP Morgan career in 2014.