Mar
06
London Financial Jewel Brightens Even as Brexit Reckoning Looms
ByOne of London’s crown financial jewels — a business sought after by the rest of Europe — is shining brighter than ever before.
The U.K. capital’s LCH clearinghouse is the world’s biggest for interest-rate swaps, a market where trading has marched steadily higher in every survey since 1995. Last year, LCH’s swap clearing business enjoyed a 25 percent jump in volume to $666 trillion. And the regulatory incentives giving those operations a tailwind are just getting stronger…
London Financial Jewel Brightens Even as Brexit Reckoning Looms
