Bloomberg A measure of calm returned to markets on Wednesday, as investors started to reassess the risks surrounding a series of key events this week. Bank stocks powered equity gains after a troubled Spanish lender was rescued. Traditional haven assets steadied after Tuesday’s jump, with gold and Treasuries edging lower and the yen tempering an advance. European equities headed for …

Bloomberg As an unprecedented diplomatic crisis spreads through the Gulf with Qatar at its center, one thing is certain: the country’s stock market has become the world’s most volatile. It’s difficult for investors to assess the impact to the country’s $135 billion stock market as the disagreements mark an unprecedented low in the relationship between the Arab countries, in particular …

Bloomberg Banco Santander SA agreed to buy Banco Popular Espanol SA for a nominal 1 euro ($1.13) after European regulators determined that the troubled lender was likely to fail and ordered it to be sold. Santander will raise about 7 billion euros through a rights offer to bolster Popular’s balance sheet, it said in a regulatory filing on Wednesday. The …