Deutsche Börse eyes City of London’s euro clearing crown

Deutsche Börse eyes City of London’s euro clearing crown

More than 20 investment banks and market makers have signed up for Deutsche Börse’s attempt to draw London’s prized swaps clearing business from its City home. Barclays, Citadel Securities, UBS, HSBC and ABN Amro are among the institutions joining the Frankfurt-based exchange and its scheme to share the profits from clearing with its users. An…

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