Capital markets

Stepping in after co-founder Mike Cagney's resignation, Twitter's Anthony Noto needs to overhaul the firm's corporate culture, lay the groundwork for an IPO and determine whether to renew SoFi's pursuit of a bank charter.

Energy and financial shares lifted the S&P 500, though the index erased more than half of its gain in the final hour of trading.

The German bank said the new space will help its 7,000 bankers in New York connect with startups.