European regulators have pushed a dying Spanish bank into the arms of Banco Santander SA, the euro zone’s biggest lender by market value. The takeover of Banco Popular Espanol SA saves face for regulators and politicians eager to avoid an embarrassing taxpayer rescue. It allows Santander to boost its own balance sheet and scoop up a rival for a song. ...

The vote to have Britain exit the European Union highlighted deepening rifts across the country — between the old and the young, the rich and the poor, the North and the South. May’s proposals, which focus on lower taxes funded by cuts to education, health care and security, are likely to make Britain an even more divided kingdom. Once among ...

Bloomberg The Venezuelan debt that Goldman Sachs Group Inc. bought last month may be known as “hunger bonds” to many in the international community, but they’re earning a different moniker on Wall Street: repudiation bonds. In the days since that controversial transaction, numerous investors have been approached by brokers putting out initial feelers to gauge their interest in the notes, ...