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Financial Services & Real Estate Headlines

Banco Popular shake-up opens door to overdue Spanish mergers

MADRID The ouster of Banco Popular's chairman could mark it out for a potential takeover and trigger another round of mergers in Spain's banking sector, five years after the European financial crisis caused an earlier wave of consolidation.

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Trump speaks to Taiwan's leader in move that could anger China

WASHINGTON/NEW YORK U.S. President-elect Donald Trump spoke by phone on Friday with Taiwanese President Tsai Ing-wen, a move that is likely to infuriate China and complicate U.S. relations with Beijing.