Dow Jones Top Financial Services Headlines at 7 AM ET: AI Boom Drives a Jump in Lending, but Bankers Still Sound Cautious | Intesa ...

AI Boom Drives a Jump in Lending, but Bankers Still Sound Cautious

Big and regional banks alike are riding a wave of AI lending.

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Intesa Sanpaolo Gets European Central Bank Approval to Take Over Monte Dei Paschi

The green light removes a key regulatory obstacle for the Italian bank's $34.93 billion takeover offer.

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Adyen Abandons Midterm Profitability Target

Shares in the Dutch payments company were down more than 11% after it said it would drop a midterm profitability target as it accelerates investments.

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UBS Profit Climbs as Asia, Americas Growth Boosts Inflows

UBS Group reported a rise in third-quarter net profit, boosted by higher inflows to its wealth-management platform.

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Santander Posts Lower Profit After Increase in Loan-Loss Provisions

The bank reiterated its full-year guidance, stating it is comfortably on track to meet its targets.

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BNP Paribas Earnings Climb on Boost From Trading

The French bank reported an increase in earnings for the third quarter, boosted by 9.45% revenue growth and a strong performance by its equities and prime brokerage arm.

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Deutsche Bank on Track to Reach 2026 Goals After Earnings, Revenue Rise

The bank reported an increase in third-quarter profit after its corporate and retail banking divisions boosted the group's revenue, offsetting a decline in its investment bank.

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Standard Chartered Posts Net Profit Beat, Raises Guidance

The bank boosted its annual income and profitability forecasts as quarterly profit growth beat expectations.

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Financial Services Roundup: Market Talk

Find insight on UBS Group, Santander and more in the latest Market Talks covering financial services.

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Visa Posts Record Annual Revenue. The Focus Now Shifts to Reaching New Customers.

Visa closes out a record year for revenue and profits.

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How the New Actively Managed Crypto ETFs Are Valuing Their Assets

There are now some 75 actively managed crypto exchange-traded funds. Most don't employ traditional fundamental analysis.

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Visa Reports Higher Profit on Payment Volumes, Transactions Growth

The payments company reported a profit of $6 billion in the fourth quarter, boosted by an increase in payment volumes and processed transactions.

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Ares Capital's Buyout of Apollo's MidCap Financial Could Spark Wave of BDC Mergers

Ares Capital is purchasing MidCap Financial Investment, which is run by an affiliate of Apollo Global Management. for $2.6 billion including debt.

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S&P Global Explores Potential Spinoff of Financial Data and AI Units

The provider of credit ratings, indices and data analytics posted third-quarter net income of $1.24 billion, or $4.25 a share, up from $1.18 billion, or $3.86 or a share, a year earlier.

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Janus Launches First Tokenized Fund Licensing the Nasdaq-100 Index

Nasdaq opened up licensing deals on its Big Tech benchmark to other money managers earlier this year.

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PayPal Lifts Full-Year Outlook, CEO Stresses Turnaround Plan

PayPal Holdings lifted its full-year outlook and reported higher revenue in the third quarter as the financial-technology company looks to persuade investors that it can grow and thrive as an independent entity.

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SoFi Lifts Outlook After Memberships and Lending Grow

The financial services company said it now expects to post adjusted earnings of 61 cents a share for 2026 with adjusted revenue anticipated at $5.04 billion.

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Ares Private-Credit Fund to Buy Competitor From Apollo

The merger of the two business-development companies will boost Ares Capital Corp. to over $31 billion.

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Kalshi Adds New Safety Measures for Young Traders

Kalshi is instituting a default monthly deposit limit of $2,500 for 18- to 20-year-olds in its prediction market.

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Weil Gotshal Enlists Bankruptcy Lawyer, as Firm's Situation Worsens

After a marathon partners' meeting on Sunday, the law firm has tapped Davis Polk to advise on potential options.

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Eurozone Banks Report Declining Loan Demand, Tougher Conditions

A rise in the share of rejected loan applications during the quarter and declining demand for credit signal that interest rate rises were helping to cool activity.


(END) Dow Jones Newswires

October 28, 2026 07:15 ET (11:15 GMT)

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

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