Trading

Deutsche Börse to return banking licences in regulatory shake-up

Germany’s biggest exchange operator pushes for more efficiency

The move by Deutsche Börse is part of a push by the European Union to cut down on red tape AKIRILL KUDRYAVTSEV/AFP via Getty Images
The move by Deutsche Börse is part of a push by the European Union to cut down on red tape AKIRILL KUDRYAVTSEV/AFP via Getty Images

Deutsche Börse is planning to return banking licences for two of its businesses after European regulators moved to streamline rules for firms that play a key role in the structure of financial markets.

The exchange operator said in a statement that its German businesses Eurex Clearing AG, which guarantees transactions, and Clearstream Banking AG, a central securities depositary, intended to return their banking licences.

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