Bloomberg Deutsche Bank AG estimates that its equities trading unit lost about $750 million last year, according to people with knowledge of the matter. The US equities unit hasn’t turned a profit for many years, the people said. The bank at one point considered closing its entire equities operation, the people said, asking not to be identified discussing the matter. …

Bloomberg Aberdeen, Washington, is a far Northwest outpost of JPMorgan Chase & Co., with one lonely branch perched near the Pacific, 2,900 miles from Wall Street. Now the bank is planning to depart the rainy timber town that gave the world Kurt Cobain. The next-closest Chase branch is 40 miles away. At the same time, JPMorgan plans to open 70 …

Bloomberg As seats shrink and fees multiply, it’s hard to find value from an airline these days. Except when redeeming frequent-flyer points. The six largest US carriers grew more generous from 2013 to 2018 as they sought to encourage mileage redemption. The average price, in loyalty miles or points, for a domestic rewards ticket declined 13.5 percent over that time, …