Dow Jones Top Financial Services Headlines at 11 AM ET: Your 'Cheap' ETF Costs More Than You Think | Travelers ...

Your 'Cheap' ETF Costs More Than You Think

The costs of many popular funds have barely budged even though assets have soared.

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Travelers Profit Ticks Up on Investment Gains

Travelers reported higher quarterly profit, despite roughly flat revenue, helped by investment gains.

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Regions Financial Posts Higher Profit, Revenue

The Regions Bank parent posted net interest income growth of 3.3% to $1.3 billion, driven in part by fixed-rate asset turnover.

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High Rates Have Upturned How Moody's Looks at Credit Risk, Chief Credit Officer Says

Leverage matters more now because interest costs are rising, said Atsi Sheth, the ratings company's chief credit officer.

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How the AI Gods Plan to Give Their Money Away

Many of the new generation of billionaires are turning to philanthropic organizations tied to the sometimes controversial philosophy known as effective altruism.

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Indonesia Stocks Log Worst Day Since 1998 on MSCI Downgrade Warning

Indonesian stocks suffered their steepest drop since the Asian financial crisis in 1998 after index provider MSCI warned the country risked being removed from its indexes.

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Financial Services Roundup: Market Talk

Find insight on Nordea, Lloyds Banking Group, Bank of Queensland and more in the latest Market Talks covering Financial Services.

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Bank of New York Logs Higher Profit But Flags Market Volatility

Bank of New York Mellon recorded third-quarter growth with a hint of caution, as falling stocks in recent days have put up a few red flags.

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A Global Spending Boom Bodes Well for Europe, Asia, Says KKR's McVey. It Isn't Just AI.

India, Japan, and Poland are just some of the markets that will benefit as companies pursue the "security of everything," says Henry McVey, head of global macro and asset allocation at KKR.

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PNC Revenue Rises on National Expansion

PNC Financial Services Group recorded higher revenue, but came in short of Wall Street's estimates, as profit was dented by $36 million in integration costs tied to its acquisition of FirstBank.

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Mark Walter Probe Dings a Guggenheim Funding Machine That Powers Wall Street

Customers are shying away from doing business with a unit in Mark Walter's empire.

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Interactive Brokers' Profit Climbs, but Customer Stock Trading Slows

Customer trading in futures rise, but stock and options trading volume falls, the brokerage says in its third-quarter report.

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Wells Fargo, Merrill Lynch to Pay $4.4 Million for Alleged Commission Overcharges

Wells Fargo is on the hook for the lion's share of the fine levied by eight states.

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Better.com Adds Former X CEO Linda Yaccarino to Board After Proxy Fight

Linda Yaccarino, the former chief executive of Elon Musk's X, is joining the board of Better.com as the digital mortgage lender looks for stability following a messy and expensive proxy fight.

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TV Azteca Bondholders Seek to Block Plan Recognition in U.S.

Creditors urged a judge to reject chapter 15, alleging that the network manufactured affiliate debt to dilute investors.

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Diversification in Asia Keeps Private Equity Busy, Hamilton Lane's Koh Says

Asia's diversity can be daunting for private-equity investors wary of complexity. But that hasn't stopped some big firms from deepening their presence in the region.

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Rising Rates Threaten Wall Street's Golden Goose in Trading

Weak bond markets undermine what had been a strength for big banks.

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Charles Schwab's Growth Engine Is 'Humming.' The Shares Are Falling Anyway.

The company's third-quarter earnings showed clients were taking out loans and adding funds to their investment accounts.

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A Swiss Banking Giant Thinks the Unthinkable: Moving Out of Switzerland

The bank has received approaches from potential U.S. deal partners as it publicly spars with Swiss politicians over substantially higher capital requirements.

(END) Dow Jones Newswires

October 16, 2026 11:15 ET (15:15 GMT)