Dow Jones Top Financial Services Headlines at 7 AM ET: Rising Rates Threaten Wall Street's Golden Goose in Trading | Liberty …

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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Liberty Mutual Investments, Elda River Form $500 Million Energy Strategy

The credit partnership is the latest in a series of deals the investment arm of insurer Liberty Mutual has made with energy-focused investment firms.

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A New Private-Equity Firm Specializes in Giving Companies AI Glow-Ups

Aldaron, with co-founders coming from Palantir and Carlyle, recently closed its debut fund and made its first investment.

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He Crafted a Crypto Law for Trump-as His Company Got Millions From a Crypto Giant

Money from Tether flowed to Nxum while Bo Hines worked in the White House on landmark stablecoin legislation. Once the law passed, Tether hired him as its U.S. chief.

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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.

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Bank of America’s $1.2 Billion Problem Doesn’t End With Its Consent Order

The nation’s second-largest bank must regain credibility with investors after paying a massive fine for not complying with laws meant to prevent financial crimes.

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Merrill Lynch’s Fee-Based Advisory Assets Just Hit a Record $1.9 Trillion

The wealth division of Bank of America reported strong third-quarter results amid a challenging period for the parent company.

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Wall Street Worries Bank of America’s Problems Will Linger

Weak earnings coupled with a fine has analysts pressing executives about whether there is more pain to come.

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Debanking Probe Finds JPMorgan, Banks Cut Off MAGA Sellers and Democrat Groups

An investigation by a Trump regulator detailed examples of businesses and individuals getting shut out by the nation’s biggest banks.

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Fed’s Bowman Says Inflation Above Goal, But No Urgency to Act

There is room to assess economic developments before taking further monetary policy action, said Michelle Bowman, the Federal Reserve’s vice chair of supervision.

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Bank of America Settlement Charge Hits Profit, Morgan Stanley Profit Climbs

Bank of America reported a lower third-quarter profit, mostly tied to a regulatory settlement charge, while Morgan Stanley’s overall profit and revenue climbed.

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Fairfax Financial Buying Majority Stake in India’s IDBI Bank

Canada’s Fairfax Financial is positioning itself in India’s fast-growing financial services industry with the acquisition of a majority stake in IDBI Bank for about $5.43 billion.

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BlackRock now manages assets equal to half the size of the U.S. economy after 15% growth

Fund-management giant BlackRock said Wednesday that assets under management are nearly $15.5 trillion after growth of 15%.

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Rising Interest Rates Threaten to Spoil the Party for Big Banks

Goldman Sachs and JPMorgan post higher profit, but the mood on Wall Street is becoming more cautious.

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No Buffett, No Problem? Berkshire’s Stock Marks Best Winning Streak in 2 Years.

The conglomerate’s B shares have notched nine straight days of gains.

(END) Dow Jones Newswires

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

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