A round-up of the key stories across the specialist financial media, including news that the European Commission has vetoed the proposed merger between Deutsche Börse and NYSE Euronext.
EU vetoes Deutsche Boerse-NYSE Euronext deal
The European Commission has blocked the proposed merger between Deutsche Börse and NYSE Euronext, claiming that the merger would have led to a near-monopoly.
A rebound in German manufacturing helped to slow contraction in eurozone factory activity, but poor performance in other countries suggests a two-speed Europe may be emerging.
The last remaining Lloyds Banking Group executive involved with the acquisition of HBOS is stepping down as part of a restructuring of top-level management at the bank.
Macquarie said to vie for Deutsche Bank asset divisions
Macquarie Group Ltd., Australia’s biggest investment bank, is competing with at least three other companies to buy asset-management divisions from Deutsche Bank.