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How France scrapping the euro could go beyond a ‘Lehman moment’

Five Euro Note

Past performance is no guide to future returns, as investors are so often told, but the French electorate runs the risk of creating a crisis worse than the fall of Lehman Brothers if it follows the U.K. in instigating a referendum on EU membership, according to analysts at Deutsche Bank.

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Barclays bond trading a miss

Barclays became the latest European firm to post bond-trading revenue that missed analysts’ estimates as the continent’s banks grabbed the smallest share of that business since the financial crisis.