"Germany needs Europe and our common currency.'" MBIA Shares Up after JPMorgan Drops Insurance Split Suit (Bloomberg) "MBIA Inc. shares surged after JPMorgan Chase Bank NA and Barclay's Bank Plc said they are withdrawing from a lawsuit over the company's decision to split its insurance unit in two. The bond insurer's stock rose 8.8 percent to $10.36, the most in the Russell 1000 Index today and its biggest gain since Oct. 14.In February 2009, the Armonk, New York-based debt insurer separated its municipal bond insurance business from its structured-finance guarantees, including those on mortgage- related securities that caused MBIA to lose its AAA credit ratings in 2008.