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Wall Street Banks Trampled All Over Their European Rivals in 2018

JPMorgan Chase & Co. gained some of the biggest shares in both fixed-income and equities trading last year, solidifying its leadership in one and nearing the top in the other. Deutsche Bank AG lost ground in both markets while trying to restructure its business.

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A Swiss Investment Firm Plans to Dismiss a Star Bond Manager for Misconduct

GAM Holding AG plans to dismiss suspended star bond manager Tim Haywood for misconduct, according to a person familiar with the matter.

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U.S., China Are Working on Multiple Memorandums for Trade Deal

U.S. and Chinese negotiators are working on multiple memorandums of understanding that would form the basis of a final trade deal, according to a person briefed on the talks.