Bloomberg The European Union must reconstruct itself to protect its economies from euro-area contagion and attract the UK back after Brexit, investor George Soros said. “The economic case for remaining a member of the EU is strong, but it will take time for it to sink in,” Soros said in a speech in Paris on Tuesday. “During that time the ...

White House officials, back in December, widely criticized the Joint Committee on Taxation’s estimate of the cost of the soon-to-be passed tax cut. But if the first three months are any guide, the tax cut will end up being considerably more generous, not less, to corporate America than the committee and others forecast. How much? At least $300 billion, and ...

Say “equities trading,” and HSBC Holdings Plc won’t be the first bank to come to mind. Or the second or third. It doesn’t even reach the top 10. Yet its recent efforts to bulk up in this area make a lot of sense. Never mind that investment banks globally are struggling in equities as automation and regulation eat into wafer-thin ...