Bloomberg The debate over the trajectory for corporate profits reached a crescendo this week, with two widely followed Wall Street strategists clashing over whether an earnings recession is imminent. Just days after Morgan Stanley’s Mike Wilson announced the S&P 500 profits would turn negative for the first six months of 2019, Brian Belski at BMO Capital Markets said such fears …

Bloomberg Deutsche Bank AG has decided that none of the more than $4 billion it promised to spend on consumer relief after the global mortgage crisis will go to distressed US homeowners, according to a report by the monitor of the 2017 settlement. Instead, the consumer-relief money will be spent on originating new loans, according to the February 13 report …

Bloomberg Standard Chartered Plc and BNP Paribas SA are among about a dozen banks likely to be added as co-managers for Saudi Aramco’s landmark international bond sale, people with knowledge of the matter said. Two Japanese lenders — Mitsubishi UFJ Financial Group Inc., Mizuho Financial Group Inc. — as well as Samba Financial Group and Gulf International Bank BSC are …