Three recent bank rescues in Europe could form the backbone of a textbook on how to deal with large, failing banks — and how not to. These are the uncompromising bail-in of Banco Popular in Spain, the controversial rescue of Monte dei Paschi di Siena in Italy and the much-praised but in fact horribly botched nationalization of Ukraine’s largest bank, …

Bloomberg Technology companies led a bounce in European stocks as a global selloff that started in the sector last week showed signs of abating. The pound managed to advance as Theresa May survived a showdown with rank-and-file lawmakers and sought to prop up her minority government. Almost every industry group in the Stoxx Europe 100 Index traded in the green, …

Bloomberg A rally in bonds of China’s most-indebted developer has some analysts warning that steps to cut borrowings have yet to bring leverage down to healthy levels. China Evergrande Group said that it has agreed to sell its stake in China Vanke Co. for 29.2 billion yuan ($4.3 billion), freeing up cash as it cuts its debt load. That came …