Dow Jones Top Financial Services Headlines at 11 AM ET: Fidelity's Annual Profits Jump After Market Rally Lifts Revenue to a Record | Bregal ...

Dow Jones
5 hours ago

Fidelity's Annual Profits Jump After Market Rally Lifts Revenue to a Record

The privately held financial conglomerate now oversees $18 trillion in customer accounts and investment funds.

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Bregal Sagemount Hits $3.5 Billion Upper Limit for Fifth Growth Fund

The growth-focused private-equity firm topped a $3 billion goal for its latest investment pool to back rapidly expanding businesses.

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BlackRock, EQT-Led Consortium to Acquire AES for $10.7 Billion

A consortium of investors including BlackRock's Global Infrastructure Partners and investment group EQT agreed to acquire AES for $10.7 billion.

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Berkshire's New CEO Lays Out How He Will Pick Up Where the Buffett Era Left Off

Greg Abel has told shareholders that he plans to follow Warren Buffett's blueprint as he starts his own era at Berkshire Hathaway.

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The Obscure Fee Costing You More to Buy a Car

Car buyers paid more than $26 billion in "destination charges" last year.

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Financial Services Roundup: Market Talk

Find insight on European banks and insurers, Australian banks, marine-hull insurance and more in the latest Market Talks covering Financial Services.

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Berkshire Hathaway's Earnings Weren't as Bad as They Looked. A Goodwill Write-Down Hit Operating Profits.

Berkshire holds a near-record $373 billion in cash.

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They Built the Hottest Firm on Wall Street. Now They Have to Save It.

Doug Ostrover and Marc Lipschultz made Blue Owl a private-credit behemoth with bets on software, AI and individual investors. It is starting to show cracks.

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The Big Bet on European Defense Stocks Is Getting Expensive

More money for military spending likely will mean more political interference and bad news for margins.

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Berkshire's Abel Pledges to Follow Buffett's 'Framework'

The December quarter marked Warren Buffett's last as Berkshire CEO, a role now occupied by his longtime deputy.

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Bank Stocks Suffer Another Plunge on Credit and AI Fears

Consumer lenders-more vulnerable during economic recessions-were among the market's worst performers on Friday, including American Express.

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Trump's Push to Make Homes More Affordable Needs the Banks to Play Ball

Lenders have many reasons to resist jumping back into mortgages.

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Swiss Re Tops Up Returns With $1 Billion Buyback

Stock jumped after the reinsurer paired its quarterly results with a surprise buyback, signaling a more aggressive stance on capital returns.

 

(END) Dow Jones Newswires

March 02, 2026 11:00 ET (16:00 GMT)

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