Higher capital requirements = Lower ROE = Less valuable clearing house December 14, 2012 at 1:35 pm

The FT reports that the London Stock Exchange and LCH.Clearnet are in talks about changing the terms of their €463m deal:

The two parties have been thrown by tough new European rules forcing clearing houses to hold more capital. LCH needs to raise up to €375m to meet the new rules.

Oops.

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