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Paris and Frankfurt are already jockeying for spoils of Brexit falloutanticipating that clearing operations for euro-denominated derivatives will leave London.
Merkel and Sarkozy to push for penalties for deficit violations.
EU leaders, banks still divided on issue of bondholder losses.
Pledge by French, German leaders that Greece will remain in euro boosts currency.
German, French leaders to outline joint position on Greece at EU Summit.
French and German banks weigh rolling over 70% of bond holdings in second rescue.