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NYSE Euronext, the biggest operator of U.S. equity exchanges, must expand into Asia after agreeing to be purchased by Frankfurt-based Deutsche Boerse AG, said Richard Grasso, the former chairman and chief executive officer of the New York Stock Exchange.
BusinessWeek.com — Finance

Stress tests for banks in the European Union should include liquidity assessment, EU Economic and Monetary Affairs Commissioner Olli Rehn told reporters at a press briefing in Brussels today.
BusinessWeek.com — Finance

Mortgage-backed securities holders are pushing for a resolution of a 50-state probe of foreclosure practices, attorneys general in Iowa and Arizona said as talks with lenders and servicers expand to include investors.
BusinessWeek.com — Finance