Rebels cleared to sue NYSE

The New York Stock Exchange's proposed $3.5bn (€2.9bn) reverse takeover of electronic exchange Archipelago must face a legal challenge after a court last night cleared rebel members to bring a lawsuit intended to block the deal.

Justice Charles Ramos of the New York State Supreme Court rejected NYSE's motion to dismiss the lawsuit yesterday, Bloomberg reports.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions