To be named Erebor, the bank would be backed by high-profile tech investors including Joe Lonsdale, the founder of venture capital firm 8VC and a co-founder of Peter Thiel’s defence group Palantir, ...

Also in today’s newsletter, Standard Chartered hit with $2.7bn lawsuit over 1MDB scandal and Trump’s tax bill passes the ...

Donald Trump has threatened to increase levies on Japan and cast doubt that the US would reach a deal with its Asian ally, as ...