Morningstar

Financials Up as Deal Activity Continues — Financials Roundup

Provided by Dow Jones Oct 6, 2026, 10:06:00 PM

Shares of banks and other financial institutions ticked up as deal activity continued, boding well for investment-banking profits.

Shares of private-credit managers such as Blackstone and Blue Owl recouped some of their recent losses, but remained deep in the red for the year to date.

Wall Street banks are set to book about $90 billion in annual profit, and pay out a record total of bonuses, according to new estimates released by New York State Comptroller Thomas DiNapoli.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

October 06, 2026 18:06 ET (22:06 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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