Nasdaq clears regulatory hurdles to buy Brut

Nasdaq has completed the $190m (€157m) acquisition of Brut, the electronic communications network, after the US Department of Justice cleared the deal of any antitrust breaches.

The electronic exchange agreed to buy Brut from IT company SunGard at the end of May, but the deal hit problems when the Department of Justice said it would investigate after possible antitrust concerns were raised.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink