Germany’s No. 1 lender is leaner, more profitable and more financially robust than a year ago. That’s good news for shareholders who have suffered through two years of losses, and taxpayers nervous about the health of the country’s banking system. The bad news is that revenue is still underwhelming. Despite a blowout quarter for most of Wall Street’s debt-trading …

  In a series of identical and unsurprising letters, the U.S. Justice Department has told local officials to be sure to cooperate with federal authorities on immigration issues. The federal government should expect nothing less. What accompanied the letters, however, was more disturbing. The letters, signed by acting assistant attorney general Alan Hanson, were sent last week to “alert” various …

  The European Union set the scene for UK divorce process as the leaders of bloc’s remaining 27 countries unanimously signed off on their negotiating guidelines for the Brexit talks. It formally opens the way for discussions that will culminate with the UK leaving the bloc in March 2019 with or without a deal. Although the talks on the terms …