On Tuesday night, a few hours after President Trump’s sudden announcement that he was firing FBI Director James Comey, a prominent Republican politician gave me this simple, blunt assessment of the Trump White House: “These guys scare me.” Trump’s impulsive, vengeful decision to dump Comey has scared a lot of people. It suggests a pent-up anger and lack of judgment …

The investment metric on which Indian banks appear most eager to ape their Chinese peers is the price-to-truth ratio. While investors know better than to take the People’s Republic’s published bad loan ratio of 1.74% at face value, they have been reasonably certain that Indian lenders are more honest, following a 2015 review of asset quality by the central bank. …

Britain’s new relationship with the European Union is still a long way from being settled, but Brexit has started a process that is bound to hurt the City of London. Earlier this month, the European Commission launched a review of the rules governing one of the City’s lucrative lines of business — the clearing of derivatives denominated in euros. The …