News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Asset Management

Deutsche Börse expects more Brexit wins from London

German exchange group’s top two executives see further opportunities to pinch euro-clearing business from the City

Deutsche Börse, the German stock exchange, expects to win more swaps-clearing business from London during 2020 due to Brexit — and has also offered to take the Italian bourse off the London Stock Exchange’s hands.

Late on 17 February, Deutsche Börse reported a 21% gain in pre-tax profits, to €1.4bn, for 2019; 9% up once adjusted for what the group termed “exceptional effects”.

WSJ Logo