LSEG increases LCH stake to over 80%
London Stock Exchange Group on Friday announced that it would increase its stake in London-based clearing house company LCH Group by up to 15.1%, bringing its holdings to over 80%.
LCH Group is already majority owned by LSEG and has many bank minority shareholders that client clear at the CCP. The model allows for aligned incentives, where the success of the clearing business is both in the interests of LSEG and the clearing banks.Competitor Eurex Clearing in Frankfurt ...
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