Dow Jones Top Financial Services Headlines at 12 AM ET: Bankrupt Auto Supplier First Brands Faces Criminal Investigation | Morgan ...

Bankrupt Auto Supplier First Brands Faces Criminal Investigation

The closely held company faces a federal probe after board directors discovered accounting irregularities, sources say.

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Morgan Stanley Leads $60 Million Investment Round for Corvus Energy

Morgan's 1GT unit closed its $750 million debut fund in 2024.

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Runway Growth to Expand in Healthcare by Acquiring SWK Holdings

Runway, a lender to sponsor-backed companies, values the transaction at about $229.5 million.

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HSBC Bids $13.6 Billion for Full Control of Smaller Hong Kong Lender

The U.K.-based bank is advancing its Asia-focused strategy as it continues to streamline its business.

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Canada's Banking Sector Needs Increased Competition, Bank of Canada Official Says

Carolyn Rogers endorsed a competition shakeup in the highly concentrated financial-services industry, saying the country's banking sector is an oligopoly and changes could help lift Canada's prolonged productivity slump.

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The Accounting Firm Weighing Private-Equity Ownership After Years of Ignoring Calls

Chicago-based Crowe hired investment bank Harris Williams and an outside auditor, both moves to prepare for a potential sale of a stake.

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Banks Warn of Heavier Hit From U.K. Car-Loan Redress

Lloyds Banking Group, Close Brothers and Bank of Ireland cautioned that they would probably need to set aside more money to compensate customers as part of a probe into commissions paid on car loans, sending the shares of the banks lower.

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How Trump Threw a Wrench Into Credit Markets

Tariffs and other policy swings are exposing strains at highly indebted companies within less visible parts of the market.

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Gold Screams 'Debasement Trade.' Bonds Say Otherwise.

If investors expect debasement, it is very odd that the bond market's best guess at long-run inflation is basically unchanged.

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Financial Services Roundup: Market Talk

Find insight on the housing market, HSBC, Hang Seng Bank, Indian banks and more in the latest Market Talks covering Financial Services.

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Inside the Mind of the Man Who May Lead the Trump Fed

Kevin Warsh is among the top three contenders for the next chair. He spoke with Barron's about rates, inflation, Powell, and more.

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Regulators Are Investigating MassMutual's Accounting Practices

The Securities and Exchange Commission is focused on how the insurer accounts for income on billions of dollars of loans.

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Fed Minutes Reveal Divide Over Outlook for Interest-Rate Cuts

The government shutdown has paused the economic data releases that could help resolve debates over how to manage thorny trade-offs.

(END) Dow Jones Newswires

October 10, 2025 00:15 ET (04:15 GMT)