July 10, 2014 8:32 PM ET

Capital Markets

Company Overview of LCH. Clearnet Group Ltd.

Company Overview

LCH.Clearnet Group Ltd., through its subsidiaries, provides central counterparty clearing services and other related services to its members primarily in the United Kingdom and rest of Europe. The company clears risks of various asset classes, including securities, exchange-traded derivatives, commodities, energy, freight, foreign exchange derivatives, interest rate swaps, credit default swaps, and the euro and sterling denominated bonds and repos. It also operates as a clearing house for regulated markets in France, the Netherlands, Belgium, and Portugal; and fixed income products and credit default swaps traded on regulated markets or trading platforms located in France, the United Kingdom...

Aldgate House

33 Aldgate High Street

London,  EC3N 1EA

United Kingdom

804 Employees

Phone:

44 20 7426 7000

Fax:

44 20 7426 7001

Key Executives for LCH. Clearnet Group Ltd.

Chief Executive Officer and Executive Director
Group Chief Operating Officer and Chief Executive Officer of Lch Clearnet S A
Managing Director of Corporate Strategy and Chief Executive Officer of Repo & Exchanges
Chief Executive Officer of SwapClear
Chief Executive Officer of Forexclear
Compensation as of Fiscal Year 2014.

LCH. Clearnet Group Ltd. Key Developments

LCH. Clearnet Group Ltd. Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2013

LCH. Clearnet Group Ltd. reported audited consolidated earnings results for the year ended December 31, 2013. For the year, the company reported net interest income of €85.1 million compared to €134.3 million a year ago. Net revenue was €379.9 million compared to €426.2 million a year ago. Operating profit was €64.5 million compared to €99.9 million a year ago. Profit before taxation was €54.7 million compared to €91.3 million a year ago. Profit was €44.1 million compared to €59.7 million a year ago. Net cash inflows from operating activities were €643.0 million compared to €1,193.2 million last year. Purchase of property, plant and equipment was €3.3 million compared to €10.6 million a year ago. Capital expenditure on fixed assets was €16.0 million compared to €29.2 million a year ago.

LCH. Clearnet Group Ltd. Presents at Boca 2014, Mar-13-2014 09:30 AM

LCH. Clearnet Group Ltd. Presents at Boca 2014, Mar-13-2014 09:30 AM. Venue: Boca Raton Resort & Club, Boca Raton, Florida, United States. Speakers: Daniel Maguire, Head of Swapclear U S.

LCH.Clearnet Expands Credit Default Swap Clearing Service

LCH.Clearnet SA, or LCH.Clearnet, has expanded its credit default swap clearing service, or CDSClear, to offer single-name CDS clearing. The expansion provides the broadest European CDS portfolio coverage of any clearing house globally. European members and clients can benefit from significant capital efficiencies through risk offsets between 187 single-names and existing index products through Monte Carlo Simulation VaR based portfolio margining.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 30, 2013
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