Bloomberg With European banking mergers at their lowest on record — and profits slumping — politicians are finally getting more serious about the need for consolidation. German finance minister Olaf Scholz is seeking to persuade European colleagues of the need for a banking union. He called publicly last month for a deposit insurance system that works across the region, a ...

The financial markets had a rude awakening on Prime Minister Boris Johnson’s first day back at the office. Instead of using his new parliamentary majority to push for an ambitious trading relationship with Europe post-Brexit, Johnson doubled down on his election pledge to rush ahead and complete trade talks next year, suggesting there will be either a bare-bones deal or ...

The days of a strong dollar look as if they’re coming to an end — and not a moment too soon. If the dollar does weaken, we may finally see the kind of durable and robust growth that the US has only had in fits and starts since the financial crisis ended. Let’s tick off a few of the events ...