Dow Jones Top Financial Services Headlines at 4 PM ET: Saks Closes In on Bankruptcy Financing Package | Financial ...

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14 hours ago

Saks Closes In on Bankruptcy Financing Package

A bondholder group is offering $1.25 billion of bankruptcy financing with the aim to take control.

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Financial Services Roundup: Market Talk

Find insight on southern European banks, Lloyds Banking Group, NatWest, QBE Insurance and more in the latest Market Talks covering financial services.

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How Citigroup Shares Can Keep Up Their Winning Run

Shares of the global megabank have outperformed over the past three years, but the bar is raised.

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HSBC Accepts $313 Million Fine to Settle France Tax-Fraud Claims

The investigation-into accusations of tax fraud relating to dividend payments-will be shelved with the payment of the fine.

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Eir Partners Raises $1 Billion for Healthcare Technology Deals

The Miami-based firm exceeded its fundraising target and closed its latest vehicle in three months.

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Benefit Street Partners Amasses $10 Billion for Real-Estate Credit Deals

The lender cites rising investor appetite for funds that back nonbank loans for multifamily properties.

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JPMorgan Cuts All Ties With Proxy Advisers in Industry First

The bank's asset-management unit will use an in-house, AI-powered platform to cast shareholder votes.

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JPMorgan Chase Reaches Deal to Take Over Apple Credit Card

Goldman Sachs is expected to offload the credit-card balances at a more than $1 billion discount.

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Regulator Finds Bank of America Shared Confidential Information Ahead of Block Trade

India's securities officials determined that the bank misled investigators about a 2024 $180 million stock transaction.

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Buffett's Berkshire Successor Set to Earn One of Top Salaries for an S&P 500 CEO

Greg Abel's $25 million salary is well above the median in total pay for big-company chiefs, though dozens of top CEOs earn more with stock and options awards.

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World Liberty, Flagship in Trumps' Crypto Fleet, Seeks a U.S. Banking License

A banking charter would allow World Liberty Trust to issue and safeguard the dollar-backed stablecoin that the Trump family's World Liberty Financial launched last year.

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Polymarket, Dow Jones Partner to Display Prediction-Markets Data in Dow Jones Content

Data from Polymarket on betting odds for economic, political, and cultural topics would be displayed in dedicated modules across Dow Jones's online content platforms, which include the Journal, MarketWatch, Barron's and Investor's Business Daily.

 

(END) Dow Jones Newswires

January 09, 2026 16:00 ET (21:00 GMT)

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