Dow Jones Top Financial Services Headlines at 4 PM ET: Jefferies Shares Pare Losses After CEO Says First Brands Defrauded Bank | Banks' ...

Dow Jones
13 hours ago

Jefferies Shares Pare Losses After CEO Says First Brands Defrauded Bank

Rich Handler doesn't see the collapse of the auto-parts supplier as sign of broader credit issues.

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Banks' Strong Earnings Leave Investors Digging Deeper for Trouble Spots

Earnings from the country's biggest banks show a booming Wall Street and a solid consumer. But a warning from Jamie Dimon took center stage.

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American Express Third-Quarter Sales Rise as Cardholders Regain Spending Confidence

Revenue climbed 11% to $18.43 billion in the quarter as consumers spent more on retail, restaurants and airlines, said the company.

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Goldman Sachs Pursues Bigger Share of AI Infrastructure Financing Boom

A new team will focus on deals to finance data centers and other artificial-intelligence projects.

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State Street Posts Higher Profit as Fee Revenue Rises

The provider of financial services to institutional investors notched a higher top and bottom line for the third quarter, boosted by broad-based fee revenue increases.

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Fifth Third Profit Rises, Comerica's Slips Ahead of Tie-Up

Fifth Third Bancorp posted higher profit in the third quarter, while Comerica's earnings slipped slightly, as the regional lenders prepare to combine in a $10.9 billion all-stock deal.

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BBVA's $19 Billion Hostile Takeover Bid for Sabadell Falls Through

The development draws to a close a hostile pursuit by Spain's second-biggest bank that dragged on for nearly 18 months. Shares in BBVA jumped.

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Financial Services Roundup: Market Talk

Find insight on the credit market, American Express, the Swiss franc and more in the latest Market Talks covering Financial Services.

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New Credit Fraud Fears Raise More Worries About Regional Banks

Bank shares were hammered Thursday after ties emerged between several banks and borrowers accused of fraud.

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Interactive Brokers Logs Higher Profit, Revenue as Trading Volume Climbs

The online brokerage platform posted a profit of $263 million compared with $184 million a year earlier.

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777 Partners Co-Founder Faces $500 Million Fraud Charges

The Securities and Exchange Commission also filed a complaint against the firm and its executives on Thursday.

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Debt Investors' Cooperation Pacts Grow Stratified

The Medical Solutions lender group has a caste-like system, with three tiers receiving different treatment in a potential debt restructuring.

 

(END) Dow Jones Newswires

October 17, 2025 16:00 ET (20:00 GMT)

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