News Highlights: Top Financial Services News of the Day - Tuesday at 12 AM ET

Dow Jones
2025/03/04
 
The Kill-or-Be-Killed Fight for Crypto's Future 
 

Billionaire Giancarlo Devasini of Tether wants to maintain the stablecoin's freedoms; his rival, Jeremy Allaire of Circle, is working hard to rein in his competitor with regulations.

 
Big Consulting Bosses Meet With Trump Officials to Save Contracts 
 

Executives from EY, Booz Allen and others are being told to "defend the spend" on their work for the government-and identify possible cuts.

 
BlackRock's 'Woke' Era Is Over 
 

The asset manager has dropped out of climate groups and eliminated diversity targets as it tries to put ESG controversy behind it.

 
Inside Jamie Dimon's JPMorgan Chase: Restive Employees Amid Record Profits 
 

The nation's largest bank faces internal turmoil over pay, layoffs, and DEI.

 
Allianz Lifts Dividend, Launches Buyback After Rise in Profit 
 

The insurer proposed a dividend increase of 12% for 2024 after net profit rose in the final quarter.

 
Why Trump Losers Are the Biggest Stock-Market Winners 
 

Investors need to decide whether the market rotation-Trump stocks included-is a healthy switch or a sign of deeper trouble ahead.

 
Monitor Appointed in TD Bank $3 Billion Anti-Money-Laundering Settlement 
 

The Justice Department and the Financial Crimes Enforcement Network have jointly selected consulting firm Guidepost Solutions as the bank's monitor.

 
Consumer Watchdog Moves to Drop Capital One Lawsuit 
 

President Trump's nominee to lead the Consumer Financial Protection Bureau said he still planned to fulfill the agency's mandate.

 
Financial Services Roundup: Market Talk 
 

Find insight on euro covered bonds, CIMB Group and more in the latest Market Talks covering Financial Services.

 
Crypto's Next Fight Is Legislation as Coinbase and SEC Move to End Lawsuit 
 

The battle may be around setting rules for exchanges and establishing when tokens should be treated as securities or as commodities.

 
 

(END) Dow Jones Newswires

March 04, 2025 00:00 ET (05:00 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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