Dow Jones Top Financial Services Headlines at 12 AM ET: U.S. Investigators Probe Executive Facing Fraud Allegations From BlackRock's HPS | Fed ...

U.S. Investigators Probe Exec Facing Fraud Allegations From BlackRock's HPS

Federal officials have opened a criminal investigation into Bankim Brahmbhatt, who was sued by HPS and other lenders earlier this year.

----

Fed Vice Chair Says Economic Trade-Offs Justify Lowering Rates Slowly

Philip Jefferson offered a case study in the central bank's predicament Monday, acknowledging the risk of stubborn inflation and weaker employment conditions-dueling threats that call for opposing prescriptions.

----

Deutsche Bank Targets Higher Profitability, Cost Savings Through 2028

The German lender is looking to deliver growth in revenue, profitability and returns to shareholders in the period running through to 2028, after years of restructuring under Chief Executive Christian Sewing.

----

Fed Governor Lisa Cook Offers First Defense of Mortgage Records

Cook's lawyer argued that apparent discrepancies didn't constitute fraud, and he alleged selective enforcement against political opponents.

----

Why We Could Use a Good, Long Bear Market

Stocks have experienced only brief downturns over the past 16 years, creating dangerous complacency.

----

Rockland Capital Raises $1.2 Billion to Buy Gas-Fired Power Plants

The private-equity firm raised the new fund in less than eight months, reflecting investor appetite for such deals.

----

Hedge Funds Call This Psychologist When Their Traders Start Losing

Dave Popple is tasked with finding who can cut it for hypercompetitive multimanager funds.

----

Financial Services Roundup: Market Talk

Find insight on Banco Santander, Deutsche Bank and more in the latest Market Talks covering Financial Services.

----

He's Called 'Little Trump,' and His Tactics Are Rankling White House Top Brass

Bill Pulte oversees Fannie Mae and Freddie Mac and has used that post to make waves, attacking Trump's foes, ousting ethics watchdogs and making radical policy proposals.

----

Kugler Resignation From Fed Board Followed Disclosures of Improper Stock Trades

New disclosures show that Kugler made several stock transactions that violated Fed policies and prompted an ethics probe.

----

Charles Schwab Reels in $44 Billion in New Assets Amid Bull Market for Stocks

The company said customers opened 429,000 new brokerage accounts during October, a 30% year-over-year increase.

----

Charlie Javice Billed Hotels and Cellulite Butter as Legal Fees, JPMorgan Says

JPMorgan is seeking to get out of paying her and a co-executive's legal defense, which has cost more than $142 million.


(END) Dow Jones Newswires

November 18, 2025 00:15 ET (05:15 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

Sponsor Center