Dow Jones Top Financial Services Headlines at 11 AM ET: BlackRock Stung by Loans to Business Accused of 'Breathtaking' Fraud | The ...
BlackRock Stung by Loans to Business Accused of 'Breathtaking' Fraud
An entrepreneur tapped private-credit funds to finance his telecom businesses. Now the lenders say he defrauded them.
----
The ECB and Fed Are Going in Different Directions. Can It Last?
The European Central Bank held rates steady for the third meeting in a row.
----
Onex, AIG to Jointly Buy Specialty Insurer Convex for $7 Billion
Onex will buy a 63% equity stake in the privately-held property and casualty insurer, with AIG buying 35%.
----
Mastercard Profit Rises as Consumers Continue to Spend
Mastercard reported higher third-quarter profit and sales, citing strong consumer and business spending.
----
JPMorgan Tokenizes Private-Equity Fund on Its Own Blockchain
The move marks the bank's first step toward a broad rollout of its fund tokenization platform.
----
Defense and Government Investor Arlington Capital Closes $6 Billion Fund
The private-equity firm's seventh fund is more than 50% larger than its predecessor.
----
BBVA's Profit Suffers from Currency Hit Despite Strong Loan Growth
Net profit was down 3.7% even as gross income rose on growth in net interest income, and higher commissions and fees.
----
Standard Chartered Profit Rises on Stronger Wealth Business
The London-based bank upgraded its operating income and return guidance, as strength in its wealth business boosted net profit.
----
ING Launches $1.28 Billion Buyback as Earning Beat Expectations
The lender reported a smaller-than-expected drop in net profit, while raising its full-year total income guidance.
----
Credit Agricole Profit Rises on Customer Activity
Net profit rose 10% as sustained activity across the French lender's business lines and higher customer numbers supported income.
----
Financial Services Roundup: Market Talk
Find insight on UBS Group, Standard Chartered, Credit Agricole and more in the latest Market Talks covering Financial Services.
----
Fed Divisions Reveal New Caution Over Continued Cuts
Powell forcefully warned against assuming another rate cut is a done deal as officials navigate an economy where spending is solid but hiring has slowed.
----
How a Billionaire Felon Boosted Trump's Crypto Company en Route to a Pardon
The giant crypto exchange facilitated a $2 billion purchase of World Liberty's stablecoin and built its technology. The clemency for Changpeng Zhao-the tycoon known as CZ-surprised some in the administration.
(END) Dow Jones Newswires
October 30, 2025 11:15 ET (15:15 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
September Stock Market Outlook: How to Position Your Portfolio During a Risky Stage
If You’re Worried About Your Bond Portfolio, You’re Missing the Point
Worried About a Stock Market Bubble? Here Are 5 Ways to Stay Invested
The 10 Best Dividend Stocks
United States