At many banks, November 5 will be a scary day. That’s when broad US sanctions are set to be re-imposed on Iran, thereby placing new pressure on its struggling economy and increasing the regime’s desperation for hard currency. A crucial side effect of this effort has gotten too little attention: Iran will likely attempt to skirt these sanctions through cyber-enabled ...

Germany’s Deutsche Bank AG and its British rival Barclays Plc kicked off the earnings season for Europe’s investment banks. The results weren’t great. Deutsche’s third-quarter trading revenues were dismal and its net income sank by two-thirds. Barclays’ investment bank fared better but still posted its lowest quarterly revenue in two years. Of the two, it’s Deutsche whose problems run deepest. ...

Do you know the story of Patty McCord, Netflix’s original human relations chief? It’s legendary, and worth recounting in the wake of Wall Street Journal story on the company’s culture. McCord was one of Netflix Inc.’s earliest employees. She was chief executive Reed Hastings’s neighbour in Santa Cruz, California, and the two of them often carpooled to work. In 2004, ...