LCH likely to stand alone despite bids: NYSE CEO
NEW YORK (Reuters) - The head of NYSE Euronext NYX.N, which made a bid for LCH.Clearnet, said on Friday that he thinks the European clearinghouse is likely to stand alone.
Chief Executive Officer Duncan Niederauer added in an interview that the bid, made jointly with bank-owned data provider Markit, did not change the dynamics of NYSE Euronext's planned $10.2 billion merger with Deutsche Boerse AG (DB1Gn.DE).
(Reporting by Jonathan Spicer; Editing by Lisa Von Ahn)
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.