Dow Jones Top Financial Services Headlines at 7 AM ET: Citadel Launches New Stock-Picking Unit in Europe | Hannover ...
Citadel Launches New Stock-Picking Unit in Europe
Strategic Equity Investments, led by a former Elliott Investment Management partner, will take bigger stakes in European companies.
----
Hannover Re Lifts Profit View
The reinsurer now expects net income for 2025 to come in at â¬2.6 billion, up from its previous guidance of â¬2.4 billion.
----
Permira to Buy JTC in $3 Billion Deal
The price represents a 49% premium to JTC's closing price on Aug. 13, the day before Permira made its first offer.
----
The Year's Hottest Crypto Trade Is Crumbling
Some investors are saying "told you so," while others are doubling down, as a selloff in bitcoin and other digital tokens hits crypto-treasury companies.
----
Samsung Wants to Launch a U.S. Credit Card and Challenge Apple in Consumer Finance
The South Korean tech giant and Barclays are in advanced talks to launch a credit card, with both seeking bigger inroads into Americans' financial lives.
----
Visa, Mastercard Near Deal With Merchants That Would Change Rewards Landscape
The deal under discussion would lower credit-card interchange fees for merchants, but could make it harder for consumers to use rewards cards at the register.
----
Why Car Insurers Are Under Pressure to Cut Rates
Car insurers have been bracing for the fallout from a trade war, but it's a price war they should be more worried about.
----
KKR Defied Private-Equity Fundraising Slump in the Third Quarter
The private-markets managers leaders sought to counter the gloomy headlines that have dampened the mood of many private-equity investors.
----
Affirm Eyes Card Payments as Next Era of Buy Now, Pay Later
Buy now, pay later companies like Affirm are aiming to compete more closely with credit-card companies.
----
Brookfield Sees Strong Fundraising Ahead on Heels of Banking $30 Billion
The infrastructure investor is shopping for capital for its first strategy dedicated to artificial intelligence.
----
Bryan Rosenblatt to Leave Craft Ventures, Set Up Standalone Firm
Rosenblatt's Sandlot will invest in seed rounds, while Craft has been shifting to more mature investments.
----
Senate Democrats Want Fiserv to Detail Trump Official's Tenure
The payments company said it wouldn't hit financial targets set by executives including Frank Bisignano, who now heads the Social Security Administration.
----
The Crack-Up at the Heritage Foundation Is a Warning Sign for MAGA World
By defending a controversial Tucker Carlson interview, think tank president Kevin Roberts unleashed a flood of discontent in the conservative establishment.
----
Monte dei Paschi Profit Rises Ahead of Mediobanca Integration
The Italian lender, considered the world's oldest bank still in operation, reported a rise in net profit, though revenue edged down slightly.
----
Fed's Williams Expects Central Bank to Return to Asset Purchases Soon
New York Fed President John Williams says recent volatility in repo markets shows that a modest level of Fed bond purchases will soon be needed to keep overnight lending markets supplied at appropriate levels.
(END) Dow Jones Newswires
November 10, 2025 07:15 ET (12:15 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
3 Stocks to Sell and 3 Stocks to Buy for November
This Once-Hot AI Stock Now Looks Deeply Undervalued
The 10 Best Companies to Invest in Now
He Tried Shorting Jim Cramer’s Stock Picks. It Cost Him More Than Money
United States