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Small bank could signal trouble for biggest ones

If Bank OZK is any indication, investors will be a lot less patient with banks than they were a decade ago the next time trouble hits. Worse, OZK’s recent results may indicate that there is indeed trouble ahead. OZK, a midsize bank based in Little Rock, Arkansas, that has become one of the nation’s most aggressive commercial real estate lenders, ...

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With the costs of Brexit clear, let UK vote again

On Saturday, more than 100,000 people marched through central London to demand a second vote on Brexit. They’re about the only ones talking sense on the matter. No one knows where negotiations over the UK’s exit from the European Union will end up. (Things are not looking great.) But it’s now obvious that no one heading to the polls in ...

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India is looking for money in all the wrong places

India’s government is caught in a bind. It needs money to appease voters ahead of a tighter-than-expected reelection campaign. But it’s also set praiseworthy deficit targets for itself that it’s already breached once. So it could use new ways to finance more spending. Such pressure often leads to bad decisions. This week, a senior official suggested that one solution might ...

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