Pity Europe’s banks. For years, they have been in retreat, losing business in their own back yards to Wall Street rivals. Now the battlefront is shifting – but what looks like an opportunity to gain ground may be just the opposite. In wholesale banking, the pursuit of growth has moved away from the dealing floor – where revenue has been ...

The value of all cryptocurrencies in circulation is about $275 billion, which is around the same level as late November 2017. But a lot has happened in between, with values soaring to more than $800 billion at the every end of that year, and then plunging to barely $100 billion in late 2018. The wild swings are not unlike the ...

Bloomberg US stocks struggled to hold onto a sixth straight gain as investors weighed the outlook for trade talks and interest rate policy. Treasuries were steady and the dollar edged higher. The S&P 500 Index erased most of its advance near midday as gains in tech hardware makers were offset by losses for industrial companies. Mining and automobile shares pulled ...