German regulator BaFin objects to a London HQ for merged exchanges

Comments create additional hurdle to planned merger of Deutsche Börse and London Stock Exchange after Brexit voteGermany’s financial regulator has delivered a double blow to London, saying it could neither host the headquarters of a merged Deutsche Börse-London Stock Exchange after the UK leaves the EU, nor could it remain a centre for trading in euros.The head of the Federal Financial Supervisory Authority (BaFin), Felix Hufeld, said: “It is hard to imagine that the most i