Morning Scan: Wells Offers P2P Payments; Pitfalls of Glass-Steagall,...

Breaking News This Morning ...

Commerzbank stock plunges: Shares of Commerzbank dropped sharply Tuesday after the second largest German bank said it wouldn't be able to achieve its goal of keeping profit stable as revenues drop. Wall Street Journal, Financial Times Wall Street Journal

Right idea but wrong slice? Republican and Democrat party platforms favor a return to the Glass-Steagall separation of commercial and investment banking, but few investors would welcome it, says the Heard on the Street...