L&G Leads Rebound in FTSE 100 Index as Capital Withstands Brexit

  • Shares climb as much as 10%, paring post-Brexit losses
  • L&G appoints the Treasury’s John Kingman as group chairman

Legal & General Group Plc led a rebound in the benchmark FTSE 100 Index after the British insurer showed that its capital buffers have withstood an initial fallout from the U.K.’s unexpected decision to leave the European Union.

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