The U.S. may have gone too far in pushing the European banking industry to play by American rules. Justified or not, these efforts are causing a protectionist pushback that probably won’t do global finance any good. European banks have been losing market share to U.S. ones, especially in investment banking, for years. Today, U.S. financial institutions are responsible for ...

  Financial markets have been surging the past two weeks, anticipating the potential for more stimulative economic policy after the spate of recent anti-establishment political surprises. Central bankers on both side of the Atlantic, while more restrained, also are preparing for measures that might produce both higher growth and faster inflation. Following his election as U.S. president, Donald Trump and ...

  China is America’s largest trading partner, and the U.S. is the largest partner for China. And while it’s true that our two countries have differences, we know that when we work together, we can accomplish extraordinary things. Cooperation between the U.S. and China, after all, is what made the Paris climate agreement possible. In the wake of the presidential ...