Wells Fargo & Co.’s $1 billion settlement with regulators already has some saying that this marks the end of a troubled period for the scandal-plagued bank. That might be wishful thinking. Part of the reason for the optimism is the size of the fine. Wells Fargo paid only $185 million for its fake-account scandal, which impacted as many as 3.5 ...

Taking stock of the global economy as finance ministers and central-bank governors gathered in Washington for its spring meetings, the International Monetary Fund (IMF) found reason for concern. “[R]isks beyond the next several quarters clearly lean to the downside,” it reports. Well, that’s hardly unusual — the IMF exists to be concerned. Rarely, though, has it had better grounds. To ...

To many economists, the solution to India’s bad-loan crisis appears as obvious as the problem: Privatize state-owned banks, which have racked up billions more in soured loans and performed much worse than their private-sector counterparts. Yet, unless the government first strengthens its ability to supervise all banks, public and private, selling some of them off will be slim guarantee against ...