Dow Jones Top Financial Services Headlines at 11 AM ET: Wells Fargo Faces Activist Call for Independent Board Chair | NYSE ...

Dow Jones
Oct 07

Wells Fargo Faces Activist Call for Independent Board Chair

The Accountability Board said in a proposal that Wells' decision to remove the requirement from its bylaws this year was short-sighted.

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NYSE Owner to Invest Up to $2 Billion in Polymarket

The investment from Intercontinental Exchange could help the popular prediction market re-enter the U.S.

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Regional Lenders Are Merging to Answer the Challenge From Megabanks

Loyal depositors, not just size, are key to an effective defense.

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Financial Services Roundup: Market Talk

Find insight on Fifth Third's acquisition of Comerica and more in the latest Market Talks covering financial services.

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Big Banks Woo Trump for Roles on Blockbuster IPO

The planned Fannie Mae and Freddie Mac offering is prompting one of the strangest "bake-offs" ever.

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Fifth Third to Acquire Comerica in $10.9 Billion Deal

The deal brings together two midsize industry players to better compete with behemoths such as JPMorgan and Bank of America.

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U.K. Bank Shawbrook Plans IPO in London

The group-which has both a commercial and a retail franchise-said the offer would include new shares as well as existing shares sold by its current owners.

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Inside the Bank Where Every Employee Is a Gig Worker

At Standard Chartered, a 'talent marketplace' lets workers take on in-house 'gigs' to smooth the way for AI adoption. And the idea is gaining traction elsewhere as the technology upends workforces.

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Nasdaq Has Become the Market of Choice for Dubious Penny-Stock IPOs

Such listings surged starting last year. Now Nasdaq says it wants to tighten its standards.

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John Chambers, Ex-Cisco Chief, Is a VC Now. It's Tough These Days.

The Silicon Valley original says a third of VCs will get wiped out, he's betting on AI and cybersecurity, but also warns of overfunded, cash-torching 'train wrecks.'

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Why Insurers Are Taking Your Money to the Cayman Islands

Some offshore jurisdictions don't require insurers to hold as much extra capital in case investments turn sour.

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Bill Ackman Says He's 'Uncancelable'

The founder of Pershing Square Holdings opens up about his mistakes, his anti-DEI crusades and why he still hates to pay for parking.

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Hannover Re to Boost Dividend Payouts

The reinsurer set a payout ratio of 55% of net profit. Last year, the company's dividend amounted to 46% of its net profit.

 

(END) Dow Jones Newswires

October 07, 2025 11:00 ET (15:00 GMT)

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