Nasdaq OMX bids for stake in LCH. Clearnet
 


New York-based exchange operator Nasdaq OMX confirmed on Friday it is bidding for a minority stake in leading Anglo-French swaps clearing house LCH.Clearnet.
 
 The bid forms part of Nasdaq’s strategy to expand beyond the US, the company said.
 
Nasdaq CEO Robert Greinfeld spoke to journalists at the Federation of European Securities Exchanges conference in Athens, saying:…

Nasdaq OMX bids for stake in LCH. Clearnet
 


New York-based exchange operator Nasdaq OMX confirmed on Friday it is bidding for a minority stake in leading Anglo-French swaps clearing house LCH.Clearnet.
 
 The bid forms part of Nasdaq’s strategy to expand beyond the US, the company said.
 
Nasdaq CEO Robert Greinfeld spoke to journalists at the Federation of European Securities Exchanges conference in Athens, saying:…

Nokia and Apple settle patent dispute

Finnish phone maker Nokia has won its long-running patents case against Apple and will receive a one-off €800m payout from the iPhone maker in addition to royalties. The patent case was brought by Nokia against Apple in October 2009 and related to its patented technologies used in smartphones. The settlement signed on Tuesday through a…

Nokia and Apple settle patent dispute

Finnish phone maker Nokia has won its long-running patents case against Apple and will receive a one-off €800m payout from the iPhone maker in addition to royalties. The patent case was brought by Nokia against Apple in October 2009 and related to its patented technologies used in smartphones. The settlement signed on Tuesday through a…

IMF drops Fischer due to age restriction

Stanley Fischer, the 67-year-old governor of the Israeli central bank, was notified late on Monday by the Board of Directors of the IMF that his bid to head the IMF has been disqualified because of his age. Fischer was told on Monday night that the IMF would not regard him for the managing director position…

IMF drops Fischer due to age restriction

Stanley Fischer, the 67-year-old governor of the Israeli central bank, was notified late on Monday by the Board of Directors of the IMF that his bid to head the IMF has been disqualified because of his age. Fischer was told on Monday night that the IMF would not regard him for the managing director position…

Stanley Fisher in race for IMF job

Former IMF deputy chief and Bank of Israel governor, Stanley Fischer, has emerged as a candidate to challenge Mexico’s Central Bank governor Agustin Carstens and French finance minister Christine Lagarde. Fischer announced a formal bid to head the IMF at the weekend, saying his training as an economist would be an advantage to the candidacy….

Stanley Fisher in race for IMF job

Former IMF deputy chief and Bank of Israel governor, Stanley Fischer, has emerged as a candidate to challenge Mexico’s Central Bank governor Agustin Carstens and French finance minister Christine Lagarde. Fischer announced a formal bid to head the IMF at the weekend, saying his training as an economist would be an advantage to the candidacy….