Merrill Lynch has bought Entergy-Koch in a fresh attempt to make a mark in commodities trading.

The bank said it is likely to expand the business into other aspects of energy trading.

Merrill Lynch gears up for new commodities trading push

Anuj Gangahar in New York

Entergy

Can Trump’s tariffs help European banks steal a march over Wall Street rivals?

BlackRock’s Larry Fink hails democracy for private assets. But what will it mean for fees?

If Nikhil Rathi wants to stay CEO, he needs to sort out the FCA’s ballooning headcount

Trading Places: Point72, Caxton and T Rowe Price make hires

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Find out who is on the move in the City and beyond this week

Point72 hires ex-Millennium portfolio manager Prejesh Patel

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Patel, who marks the hedge fund’s latest hire, will be based in its London office

Jain Global money manager Anurag Nema exits to Caxton after one year

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Bobby Jain’s hedge fund launched in July

The president’s attacks on Jerome Powell could put a “shadow of suspicion” over whomever Trump picks as the next central-bank chief.

Trump Is Making the Next Fed Chair’s Job Even Harder

Billionaire investor Thomas Kaplan is nearing a long-held ambition: control of a big gold deposit in Alaska.

Gold Bull Kaplan Lands ‘Holy Grail’ Deposit as Precious Metal Hits Records

Google-parent Alphabet reported solid earnings, but the tariff impact on the second quarter is still unclear.

Google’s Earnings Power Holds Up in Global Turbulence

Chief executives are warning that big-ticket items will cost more,  while travel becomes an early trade-war casualty.

By Lynn Cook, Alison Sider and Caitlin McCabe

Corporate Giants Shred Outlooks Over Tariff Uncertainty

The president has softened his economic and trade stances in the midst of market turmoil.

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Trump Is Making the Next Fed Chair’s Job Even Harder

Gold Bull Kaplan Lands ‘Holy Grail’ Deposit as Precious Metal Hits Records

Google’s Earnings Power Holds Up in Global Turbulence

Corporate Giants Shred Outlooks Over Tariff Uncertainty

Trump Meets His Match: The Markets