Bloomberg The road to recovery for the US economy will be uneven, unclear and uncertain as the coronavirus retains its hold on business and Americans’ everyday activities, according to the heads of the nation’s biggest banks. In the wake of brighter data on employment, retail sales and housing over the last two months, most financial-institution executives curbed their enthusiasm about ...

Bloomberg HSBC Holdings global head of equities is leaving the lender as the bank revives restructuring plans that are hitting the securities unit. Hossein Zaimi, who has held the role within HSBC’s global banking and markets division since 2017, is leaving within weeks, according to people familiar with the matter, who asked not to be named discussing private information. HSBC’s ...

Bloomberg The future of manufacturing may lie with companies like Italy’s Isinnova SRL, which saw a need for respirator valves in its Covid-stricken area and was able make hundreds in two days using 3D printing rather than waiting a week for ones made in Chinese factories. It’s an example of how the US and Europe are leading in innovation in ...