Dow Jones Top Financial Services Headlines at 11 AM ET: Taiwan Activates Market-Stabilization Measures to Stem AI Bleeding | Norway's …

Taiwan Activates Market-Stabilization Measures to Stem AI Bleeding

Taiwanese authorities joined South Korea in moving to stem the bleeding in local equities caused by the global selloff in artificial intelligence-related stocks.

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Norway’s Oil Fund Reaches $224.5 Million Settlement With KPMG Over SVB Collapse

Norges Bank Investment Management and co-lead plaintiff Sjunde AP-fonden, Sweden’s state pension fund, reached a $224.5 million settlement in principle.

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Brookfield Asset Management Fundraises $25 Billion in Quarter

Brookfield Asset Management is seeing no let up in fundraising efforts as it tracks toward a record year, driven by the alternative asset manager’s infrastructure franchise as investors seek out real assets for stability and returns.

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Monte dei Paschi Raises Profit Guidance as Intesa Prepares to Launch Takeover Bid

Banca Monte dei Paschi di Siena reported higher third-quarter net profit on increased revenue, as it continues to weigh a takeover offer by Intesa Sanpaolo.

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Hong Kong Exchange Operator’s Profit Slips as Trading, Listing Activity Cools

The stock-exchange operator’s third-quarter profit fell unexpectedly despite revenue growth as trading activity in the Asian financial hub showed signs of moderation.

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Financial Services Roundup: Market Talk

Find insight on Monte dei Paschi, Macquarie, National Australia Bank and more in the latest Market Talks covering Financial Services.

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Elizabeth Warren’s Power in New Senate Is a Wall Street Nightmare

The Democrat is expected to head the Senate Banking Committee, giving her expansive authority over the financial industry.

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Hedge Funds Dump Positions and Cut Staff as Selloff Deepens

Stock-picking funds unwound their positions last month at the highest rate in over a decade.

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The JPMorgan Alums Whose Big Bet on AI Stocks Is Being Put to the Test

Phil Scott and Jim Atwood struck out on their own in October in an effort to keep their wealth clients’ concentrated portfolios intact.

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The Birkin Fund Cashing In on the Hermès Luxury-Resale Market

Luxus, an investment fund devoted to exclusive Hermès bags, returned 24%, but the luxury-goods market remains risky.

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Market Selloff Hits Financial Stocks. Why Banks, Brokerages Are Caught in the Crossfire.

Shares of financial services companies as varied as Robinhood, Webull, Goldman Sachs, and Morgan Stanley fell sharply on Thursday.

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Carlyle Executives Say Midterm Results Should Bolster Private Equity

Despite a third-quarter loss, the firm joined other large peers in saying the industry’s fundraising malaise may be lifting.

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Macquarie Beats Expectations With 50% Jump in First-Half Profit

The Australian financial group’s commodity related earnings surged on increased market volatility.

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DraftKings Cuts Outlook as It Pours More Money Into Prediction Markets

The company said it now expects full-year revenue to be $6.35 billion to $6.55 billion, down from its previous guidance of $6.5 billion to $6.9 billion.

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Wells Fargo Builds Out Restructuring Capability With Deutsche Bank Hire

Philip Saliba, who was head of restructuring capital markets at Deutsche Bank, will join leveraged finance at Wells Fargo.

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JPMorgan Stock Falls as Democrats Plan Probe of Epstein Ties

Senate Finance Committee Democrats plan to scrutinize how senior bank executives handled ties to Jeffrey Epstein, CNBC reports.

(END) Dow Jones Newswires

November 06, 2026 11:15 ET (16:15 GMT)

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