Bloomberg UK politicians pushing for a post- Brexit trade deal on financial services are trying to stem an exodus of bankers from the City of London. For British banks, the stakes aren’t quite as high. A UK withdrawal with no preferential access to the single market would result in declining tax revenue and the potential loss of 75,000 finance jobs ...

Bloomberg A growing number of big US credit-card issuers are deciding they don’t want to finance a falling knife. JPMorgan Chase & Co., Bank of America Corp. and Citigroup Inc. said they’re halting purchases of Bitcoin and other cryptocurrencies on their credit cards. JPMorgan, enacting the ban, doesn’t want the credit risk associated with the transactions, company spokeswoman Mary Jane ...

Bloomberg Deutsche Bank AG Chief Executive Officer John Cryan, seeking to restore morale after massive bonus cuts last year, raised compensation for traders and bankers in 2017. He didn’t get much in return. Trading at Frankfurt-based Deutsche Bank slumped 27 percent in the fourth quarter to 886 million euros ($1 billion), while fees from advising on deals and arranging debt ...