Bloomberg News

Welcome to Bloomberg’s new Banking Industry Monitor, bringing to you the top news on the global banking industry with emerging trends, winners and losers and market opportunities. Sign up: bloom.bg/4e65HY2 From the first edition: The war for talent and coping with regulators were recurring themes this week, along with signs that the drought in deal-making is still a drag on profits. Read more: bloom.bg/3HwT1NE

The co-founder of bankrupt genetic analysis company 23andMe won an auction for the firm’s assets, agreeing, along with a California research institute, to pay $305 million for a cache of customer DNA data.

Nippon Steel Corp. won conditional US approval for its $14.1 billion purchase of United States Steel Corp., capping a lengthy saga in a tie-up that will create one of the world’s largest steel companies.

A chunk of jungle in the heart of Singapore, which inspired the setting of "Crazy Rich Asians," is in the center of a deal in one of the biggest shakeups of ownership in its long and strange history. Here’s what’s behind the deal.

President Donald Trump is preparing to nominate Melissa Holyoak, a Republican on the Federal Trade Commission, to be the US Attorney for Utah, according to people with knowledge of the matter.

Nippon Steel Corp. won conditional US approval for its $14.1 billion purchase of United States Steel Corp., capping a lengthy saga in a tie-up that will create one of the world’s largest steel companies.

President Donald Trump plans to wind down much of the Federal Emergency Management Agency after the current hurricane season and shift more of the responsibility for disaster response to states. Here's what to know

Bowen Hanes' stocks have beaten the S&P 500 by an average 2 percentage points over 50 years. Here's how the fund racked up the record

This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Every Friday, White House correspondent Akayla Gardner delivers a roundup of the key news and events in politics, policy and economics that you need to know. Sign up here and follow us at @bpolitics. Email our editors here.

President Donald Trump has intervened to push EchoStar Corp. and Federal Communications Commission Chairman Brendan Carr to resolve a dispute over the satellite communications company’s valuable spectrum licenses.