Deutsche Börse: flexing its cost-cutting muscles

Deutsche Börse today delivered the good news that the exchange's profits are up 36% for the quarter. But for today, profits were just a sideshow. The German exchange appeared more concerned about promoting itself as a master cost-cutter with the results reading like a not-so-subtle marketing pamphlet.

It is, of course, currently embroiled in a battle with Nasdaq OMX and IntercontinentalExchange to acquire NYSE Euronext in an increasingly public battle.

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Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on ItExternal link

Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on It