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Germany’s banking turkeys won’t fly anytime soon

If Germany has too many banks and beleaguered lender Deutsche Bank AG is too reliant on its trading businesses, wouldn’t a merger with rival Commerzbank AG fix two issues at once? Probably — but for Deutsche’s chairman to bring it up now is as ill-timed as cracking a joke at a funeral. His bank needs to address its problems first ...

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Brexit a la Trump is a hard-liner’s fever dream

UK Foreign Secretary Boris Johnson reportedly once said that he enjoyed trying to change the course of history, even if that meant “throwing rocks into glass houses and listening to the shattering of glass.” So it’s no wonder he thinks that US President Donald Trump would be a great Brexit leader. “Imagine Trump doing Brexit,” Britain’s chief diplomat told a ...

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Actually, Italy can expect the full Brexit treatment

Italy’s new Prime Minister Giuseppe Conte is eager to talk to the European Commission about running a higher deficit, he told his country’s parliament this week. He’s about to find out that the rest of the EU isn’t ready to listen. Brussels is ready to take the same hard-line approach with Rome’s populist rulers as it has with Britain’s Brexit ...

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