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Adding more customers won’t fix Commerzbank

Good things come to those who wait. If you’re a Commerzbank AG shareholder, that could be a very, very long time. The German lender is midway through a revamp that aims to revive profitability, in part, by gaining customers. On May 8, Commerzbank showed it has been steadily winning those new clients. But it’s still far from clear whether the ...

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Corporate bonds put trade-war hysteria in its place

Even before markets opened last week, President Donald Trump set the tone with a pair of tweets that threatened additional tariffs on China and lamented that a trade deal was coming along “too slowly.” Instinctively, investors’ eyes were glued to the S&P 500 Index, watching to see whether it would tumble from its recent record levels. The benchmark hung tough ...

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Trade-war scenarios force investors to rewrite playbook

Bloomberg All it took was two lunchtime tweets, sandwiched between posts complaining about the results of the Kentucky Derby and another gripe about “Angry Democrats,” for investors around the world to rip up their playbooks for 2019. What has replaced those playbooks now that US President Donald Trump has made good on his Twitter threats to boost tariffs on $200 ...

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