Bloomberg Two Wall Street strategists are casting doubt on one of this year’s most-popular trades: buy small-cap stocks. Don’t be fooled by the consensus that smaller companies are better positioned to weather a global trade war, Barclays’ Maneesh Deshpande said. While it’s true that their domestic focus makes them less vulnerable to trade barriers, their bigger reliance on imports means ...

Bloomberg VP Bank AG, the Liechtenstein-based private bank, is expanding its wealth management operations in Asia as it draws a line under four years of losing clients in Europe due to tax compliance issues. VP Bank has been adding headcount in Singapore and Hong Kong, and is eyeing partnerships with a view to gaining more wealthy Chinese clients, according to ...

Bloomberg Amazon.com Inc. proved it can use bargain buzz to sell a lot of gadgets on a random day in July. This year, it’s hoping excitement around Prime Day gets shoppers to change how they buy groceries. Amazon’s fourth annual Prime Day — 36 hours of sales beginning July 16 — will be its first since closing the $13.7 billion ...