Dow Jones Top Financial Services Headlines at 7 AM ET: ING Launches $1.28 Billion Buyback as Earning Beat Expectations | BBVA's ...
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.
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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.
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Societe Generale Net Profit Rose in Third Quarter
Societe Generale's third-quarter net profit rose as the bank continued to benefit from a rebound in its domestic retail-banking operations.
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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.
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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.
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Future Fed Rate Cuts 'Far' From Certain After Divided Meeting
Chair Jerome Powell injected new doubt by highlighting a "growing chorus" of officials who are wary about further reductions.
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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.
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Binance Boosted Trump Family's Crypto Company Ahead of Pardon for Its Billionaire Founder
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.
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Prudential Financial Profit Climbs From Strong Market
Prudential Financial logged a big jump in earnings for the third quarter thanks to favorable market conditions and higher net inflows of client funds.
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Fiserv Erases $30 Billion in Market Value After New CEO Pulls Guidance
Shares tumbled after the payments company, formerly led by Trump appointee Frank Bisignano, said its previous outlook is unachievable.
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Democratic Lawmakers Push Back on Adding Private Equity to the 401(k) Menu
In a letter, senators including Elizabeth Warren and Bernie Sanders warn regulators on the risks of letting retirement savers invest in private markets.
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Bank of Canada Cuts Policy Rate, Signals Pause to Meet Inflation Target
The quarter-point reduction to 2.25% marks "right level" to contain inflation risks and help the economy adjust to tariff-fueled disruption.
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Financial Services Roundup: Market Talk
Find insight on Santander, Deutsche Bank, UBS Group and more in the latest Market Talks covering financial services.
(END) Dow Jones Newswires
October 30, 2025 07:15 ET (11:15 GMT)
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