JPMorgan Chase & Co. disclosed $1.3 billion of new expenses tied to faulty mortgages and foreclosures in its third quarter, pushing the bill for the five biggest home lenders since 2007 to almost $69 billion.
While $17 billion of lost market capitalization has cost CME Group Inc. the title of world’s most valuable exchange owner, its stock commands a valuation that would make buying Germany’s Deutsche Boerse AG a bargain.
The chief executive officers of Deutsche Boerse AG and NYSE Euronext will meet in New York tomorrow to discuss rising opposition to their planned merger, according to two people with direct knowledge of the matter.
European antitrust regulators are studying how Deutsche Boerse AG’s takeover of NYSE Euronext will affect derivatives trading, clearing and index licensing, three people with direct knowledge of the review said.
The chief executive officers of NYSE Euronext and Deutsche Boerse AG will meet in New York tomorrow to discuss their merger after European Commission negotiators signaled opposition, people familiar with the situation said.