Dow Jones Top Financial Services Headlines at 12 AM ET: Tom Hayes, Face of Libor Scandal, Sues UBS for $400 Million | UnitedHealth ...

Dow Jones
Oct 28

Tom Hayes, Face of Libor Scandal, Sues UBS for $400 Million

The former banker spent five years in prison for his involvement in the manipulation of the benchmark rate.

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UnitedHealth Group Reports Earnings on Tuesday. What to Expect.

UnitedHealth stock is down 28% this year, but news of Berkshire Hathaway's stake gave it a boost in August. What to look for in the healthcare provider's earnings report.

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HSBC Braces for $1.1 Billion Hit From Madoff Lawsuit

A Cayman Islands fund sued Europe's biggest bank soon after Bernie Madoff's Ponzi scheme unraveled, alleging HSBC had failed to protect its assets.

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Robinhood Robo-Advisor Hits $1 Billion in Assets 6 Months After Launch

The company's digital advice service is gaining traction with customers.

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PSG and Canapi Back SavvyMoney Fintech With Growth Investment

The firms, along with existing investors Spectrum Equity and TransUnion, are infusing $225 million in fresh capital.

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Janus Henderson Gets $7.2 Billion Offer From Trian, General Catalyst

Trian Fund Management and General Catalyst offered to acquire Janus Henderson for about $7.2 billion, claiming the asset manager would operate better as a private company.

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Huntington Reaches $7.4 Billion Deal to Buy Cadence Bank

Consolidation is back on the table for banks, with several multibillion-dollar deals announced recently, as they face pressure to compete.

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JPMorgan Accuses Charlie Javice of More Fraud, This Time Over Her Legal Bills

The bank has paid over $60 million so far for the convicted entrepreneur's army of lawyers.

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More Big Companies Bet They Can Still Grow Without Hiring

JPMorgan Chase has a "strong bias" against adding staff, while Walmart is keeping its head count flat.

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Big Banks Enter Stablecoin Era by Taking Zelle International

The move could help the big bank owners of the payment product head off cryptocurrency competition.

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UBS Names New Chief Operating Officer in Executive Reshuffle

Lukas Gaehwiler, vice chairman of UBS's board since 2022, will retire following next year's annual general meeting after a 45-year career in the sector.

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Brookfield Wins Bid to Restart Notorious Nuclear Reactor Project

The restart of an abandoned South Carolina project would be the most dramatic example yet of a nuclear comeback in the U.S.

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Financial Services Roundup: Market Talk

Find insight on HSBC, Adyen, Westpac and more in the latest Market Talks covering financial services.

 

(END) Dow Jones Newswires

October 28, 2025 00:00 ET (04:00 GMT)

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