Brexit drives push for bigger Frankfurt role in exchange merger
ECB, German regulators, politicians seek more control of holding company
Frankfurt
GERMANY and the European Central Bank are pushing harder for Deutsche Boerse and the London Stock Exchange to give Frankfurt a greater role once they merge, now Britain is leaving the European Union, people involved said.
As it stands, London is due to be the home of the main holding company of the merged exchanges and the joint board would also be in Europe's financial capital but Brexit may upset the plans in favour of Frankfurt.
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