Bloomberg The defeat of Theresa May’s stripped-down divorce agreement with the EU means a softer and longer Brexit process is now more likely, according to Goldman Sachs. While there’s still time for London and Brussels to renegotiate the exit deal before the next “cliff-edge” on April 12, the timing of the ratification of a modified pact are now skewed towards ...

Bloomberg French banks are urging Yellow Vests protesters to spare local branch offices as the nation braces for the 20th week of street demonstrations. “Hundreds of local agencies” were vandalised in the past four months and employees have been threatened, the heads of BNP Paribas SA, Credit Agricole SA, Groupe BPCE, Societe Generale, Credit Mutuel and Banque Postale wrote in ...

Bloomberg Everyone is lining up to attack Sweden’s currency, from investors to the country’s leaders. The krona’s four-year slump has led to soul-searching in the Scandinavian nation about whether the policies pursued in the wake of the financial crisis have backfired. Banks are slashing their outlook for the krona, a former prime minister has suggested dumping it for the euro ...