News Highlights: Top Financial Services News of the Day - Tuesday at 4 PM ET

Dow Jones
16 Apr
 
Big Banks Alarmed After Their Regulator Gets Hacked 
 

JPMorgan and others have curbed some electronic information-sharing with the OCC.

 
Blackstone Moves to Extend Its Reach Into Everyday Investors' Portfolios 
 

The firm is joining with Vanguard and Wellington to offer portfolios with public and private assets.

 
Big Banks Show Consumers Remained Resilient Heading Into Tariff Turmoil 
 

Bank of America and Citigroup said consumer spending ticked higher in the first quarter, when concerns about the economy began to bubble up.

 
Wise Posts Higher Volume, Customer Growth 
 

The money-transfer company's cross-border volume increased 28%, boosted by active customer growth of 17%.

 
Bank Trading Desks Are Minting Money From Trump's Tariff Chaos 
 

Goldman Sachs, JPMorgan and Morgan Stanley all saw huge jumps in trading revenue.

 
The U.S. Corporate Bond Market Needs a Boost. Big Banks Are Helping. 
 

Just over $15 billion worth of investment-grade bonds have been issued in April, the slowest start to the month since 2009.

 
Financial Services Roundup: Market Talk 
 

Read about Bank of America, Malaysian bank stocks, Goldman Sachs and more in the latest Market Talks covering Financial Services.

 
Wall Street's Trading Revenue Powered by Tariff Uncertainty 
 

Goldman Sachs is the latest big bank to report that increased trading fueled its quarterly profit.

 
CME Group, S&P Group Agree to Sell OSTTRA to KKR in $3.1 Billion Deal 
 

CME Group and S&P Global have agreed to sell OSTTRA to investment funds managed by investment firm KKR for an enterprise value of $3.1 billion.

 
Morgan Stanley Collects $2.3 Billion for Private Equity Co-Investments 
 

The investment bank's asset management arm sees robust demand for co-investment capital, particularly to co-underwrite deals.

 
 

(END) Dow Jones Newswires

April 15, 2025 16:00 ET (20:00 GMT)

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