Dow Jones Top Financial Services Headlines at 4 PM ET: Citi Drops Gun Policy After Trump Accuses Banks of Discriminating | Wall ...

Dow Jones
Jun 04, 2025

Citi Drops Gun Policy After Trump Accuses Banks of Discriminating

The president has fueled allegations that banks discriminate on political grounds.

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Wall Street Is Sounding the Alarm on U.S. Debt. This Time, It's Worth Listening.

"You are going to see a crack in the bond market," warns Jamie Dimon. He has plenty of company.

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Thoma Bravo's $34 Billion Fundraising Haul Bucks Private-Equity Slowdown

Many firms have been struggling to return cash to investors and raise money.

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How Morgan Stanley Tackled One of Coding's Toughest Problems

The finance giant built its own AI tool to help modernize its legacy code-something it said existing tools on the market still struggle with.

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EY Joins Consultants' Race for Marketing Dollars With New Unit

EY Studio+ brings the firm's various services in marketing and design and a 7,000-strong staff under one roof in a bid to win bigger accounts.

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Julius Baer Charts Path to Growth With Further Cost Cuts

The bank is looking to boost growth in its core wealth management business and address lingering legacy issues.

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Financial Services Roundup: Market Talk

Find insight on Julius Baer, BBVA and more in the latest Market Talks covering financial services.

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Jamie Dimon Says He Isn't Retiring Anytime Soon

The chief executive's would-be successors will need to wait at least a few more years.

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Circle Boosts IPO Range and Targets Valuation of $7.2 Billion

The initial public offering should take place later this week, with a likely debut of Thursday.

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Private Equity Confronts Swollen Investment Backlogs With Dealmaking Stuck

A sense of urgency mounts as fund investors clamor for cash and firms hold around 30,000 unsold companies.

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Antares Closes $1.2 Billion Credit Secondary Deal to Cash Out Fund Investors

Ares Management is backing the continuation fund, an increasingly popular tool for private-credit managers to return cash to their investors.

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Sapphire Ventures' Cathy Gao Talks AI Investing and Deciding What Risks to Take

Speaking at last week's Web Summit in Vancouver, Gao discusses the 'sweet spot' in investing, the threat Big Tech presents to startups and what competition for deals is doing to valuations.

 

(END) Dow Jones Newswires

June 03, 2025 16:00 ET (20:00 GMT)

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