Based on wealth per capita, Monaco ranks No. 1 in the world, with more than 40% of its residents being millionaires. New York City comes second. This story originally appeared on Bloomberg.com.

The boom in dealmaking and trading has boosted the ranks of high earners at some of Europe’s banks, creating a stark divide with lenders that rely less on those businesses. The number of ...

The boom in dealmaking and trading has boosted the ranks of high earners at some of Europe’s banks, creating a stark divide ...