Dow Jones Top Financial Services Headlines at 7 AM ET: Can Class-Action Lawsuits Fix Private Funds' Valuation Problem? | Jamie ...
Can Class-Action Lawsuits Fix Private Funds' Valuation Problem?
More than a dozen lawsuits are taking aim at private-credit accounting practices as regulators try to open these funds to a wider audience.
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Jamie Dimon's National-Security Pledge Finances $230 Billion in First Year
JPMorgan's "security and resiliency initiative" is helping bolster U.S. supply chains and defense contractors.
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KKR Sent Formal Objection by EU Over Information Provided in â¬22 Billion NetCo Deal
The European Commission said it provisionally found that the group gave what it said was incorrect or misleading information related to long-term wholesale access agreements.
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KKR to Sell Railcar-Leasing Company Infinity to Ares for $2.9 Billion
The private-markets firm has owned the business for about five years.
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A Hedge-Fund Billionaire's Two Bitter Wars-Against His Wife and His Business Partner
John Overdeck is trying to prevent a feud with his wife over his $723 million divorce settlement offer from costing him in a battle with his Two Sigma co-founder.
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Nearly All Volume on FIFA-Linked Prediction Market Is Circular Trading
ADI Predictstreet, backed by Abu Dhabi's royal family, paid close to $150 million for advertising rights during the World Cup.
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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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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 Wise Group, Ethereum, banking stocks 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.
(END) Dow Jones Newswires
October 19, 2026 07:15 ET (11:15 GMT)
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