News Highlights: Top Financial Services News of the Day

02/27/18 07:15 AM EST
Dividends Pick Up Steam Even as Stocks Lose Luster 

Dividend boosts from an array of companies come as firms report some of their best earnings and sales in years, offering further support for the nearly nine-year bull run in stocks. Still, investors have fewer reasons to buy stocks.

Japanese Shift Away From U.S. Debt Over Budget, Dollar Fears 

Some Japanese investors say they are shifting toward selling U.S. Treasury bonds and other dollar-based debt after fears have picked up in recent weeks that the Trump administration's budget and other policies add up to a weak dollar.

CFTC Steps Up Enforcement Against Fraud, Market Manipulation 

U.S. derivatives regulators are expected to file "more than 10" fraud and market-manipulation cases in the next weeks as the Commodity Futures Trading Commission chairman implements his back-to-basics approach.

Standard Chartered Returns to Profit, Resumes Dividend 

Standard Chartered swung to a net profit for 2017 and resumed dividend payments, as Chief Executive Bill Winters said a yearslong overhaul is paying off.

AIA Is an Insurer to Back in China 

Hong Kong-based AIA's earnings surged last year thanks to its rapid growth in mainland China.

Anbang's Rescue Is China's Too-Big-to-Fail Moment 

A Chinese government takeover of Anbang Insurance throws a lifeline to its policyholders-support denied to frustrated clients of some lesser-known financial firms when those companies hit turbulence before collapsing.

Fed's Quarles: Bank Capital Levels Shouldn't Be Cut 

Randal Quarles, the Federal Reserve's vice chairman for supervision, said the Fed doesn't plan to materially reduce capital levels in the banking sector as part of a review of its regulatory framework, but rather aims to make the rules more efficient.

MetLife Pension-Payments Executive Is Leaving Company 

A senior MetLife executive in charge of a unit that failed to pay 13,500 retirees their pension benefits is leaving the company.

Supreme Court Grills Both Sides in States' Challenge of American Express 

American Express Co.'s card rules for merchants prompted strong reactions at the Supreme Court Monday, as the justices considered whether to revive a government antitrust lawsuit challenging the company's approach.

Choppy Markets Grant Hedge Funds Their Wish 

Many hedge funds blamed their lackluster performance on central bank interference in markets. As such policies wind down, a turbulent start to 2018 has provided the kind of market conditions some of these funds crave.


(END) Dow Jones Newswires

February 27, 2018 07:15 ET (12:15 GMT)

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