Bloomberg British and European officials are playing down reports that a Brexit deal has been reached for banks that would provide access to the single market after the UK leaves the bloc. The pound pared gains. The European Union’s chief Brexit negotiator Michel Barnier said in a tweet that the bloc was “ready” to have “close regulatory dialogue” with the ...

Bloomberg If they really want to steer clear of geopolitical flare-ups, investors should set up bigger positions in the dollar and volatility indexes — and abandon favorite hideaways in the yen and gold, according to JPMorgan Chase & Co. Assets long thought to be havens don’t necessarily hold up as the safest stores of value amid newer threats shaking markets ...

Bloomberg Barclays Plc saw its key measure of financial health sink to the lowest level among 48 banks in a European stress test, which gauged how well lenders could withstand heavy credit losses and other Brexit-related fallout. Barclays’s fully loaded common equity Tier 1 ratio, a measure of its highest-quality capital, shrank to 6.37 percent in a so-called adverse scenario. ...