Deutsche Börse cost-cutting programme boosts earnings

Deutsche Börse has posted stronger than expected first-quarter earnings, despite lacklustre performance from Clearstream, as a result of its efforts to slash expenses.

Costs at the exchange have fallen from €135.5m ($153.9m) in 2002's fourth quarter to €111.5m in this years' first three months, allowing operating profit to climb 44% to €126.1m

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions