Dow Jones Top Financial Services Headlines at 12 AM ET: Wall Street Is Firing on All Cylinders, Fueled by Deals and Trading | Powell ...
Wall Street Is Firing on All Cylinders, Fueled by Deals and Trading
Thanks to higher stock markets and rising corporate dealmaking, results are beating expectations across the big banks.
----
Powell Keeps Fed on Track to Lower Rates Again
The central-bank leader also suggested the Fed could be close to ending a three-year campaign to passively reduce its $6.6 trillion asset holdings.
----
KKR Bets on Startup That Offers Fractional Ownership of Private Jets
Newly launched Bond, led by industry veteran Bill Papariella, aims to capitalize on the luxury travel boom.
----
Goldman Sachs Plans Layoffs Despite Surging Profits
The bank told employees that head-count growth will be constrained through the end of the year.
----
JPMorgan's Profit Jumps as Business Booms on Main Street, Wall Street
The bank raked in higher revenue from trading and dealmakingâ, while CEO Jamie Dimonâ said the economy remains resilient despite some signs of softening.
----
Citigroup's Profit Jumps, Boosted by Dealmaking and Trading
Citigroup's profit jumped 16% in the third quarter, powered by a surge in dealmaking and trading revenue.
----
Wells Fargo Third-Quarter Profit Rises
Wells Fargo said its profit increased 9% in the third quarter.
----
BlackRock's Assets Hit Record $13.5 Trillion After Market Rally, Dealmaking Spree
The investment manager's base fees rose at an annualized rate of 10% in third quarter.
----
Alterra's Plan to Unlock Climate Investments Targets Developing World
The U.A.E.-financed firm expects to drive $250 billion in renewable energy and transition commitments by 2030.
----
Fund managers headed into last Friday's downturn at their most bullish level in eight months
Fund managers headed into Friday's sharp drawdown in their most bullish in eight months, according to a closely followed survey released Tuesday.
----
Financial Services Roundup: Market Talk
Find insight on Citigroup, Ally Financial, JPMorgan Chase and more in the latest Market Talks covering financial services.
----
LendingTree CEO Dies in ATV Accident on Family Farm
Doug Lebda was 55. The company named operating chief Scott Peyree as its new chief executive.
----
Goldman Sachs to Acquire Industry Ventures for Up to $965 Million
The deal aims to bolster Goldman's ability to provide solutions for technology entrepreneurs, the company said.
----
A Historic Crypto Selloff Erased Over $19 Billion, but Two Accounts Made $160 Million
Ahead of the selloff, two accounts on Hyperliquid placed massive bets that bitcoin and ether would fall.
(END) Dow Jones Newswires
October 15, 2025 00:15 ET (04:15 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
5 Stocks to Sell for Tax-Loss Harvesting
33 Undervalued Stocks to Buy Before the Market Shifts Again
What’s Ahead for Stocks This Quarter—and Where to Invest
Ask the Analyst: What Is the Best Source for Low-Risk Tax-Free Income?
United States