How Hobbit-Inspired Startup Plans to Replace Silicon Valley Bank
Backed by Palmer Luckey and other founders, a new bank named Erebor has earned a preliminary government approval.
----
Charles Schwab Profit, Revenue Up Amid Higher Trading Volumes
Charles Schwab notched a higher profit in the third quarter as revenue jumped to what the company called record levels, thanks to boosted trading volumes and capital inflows.
----
U.S. Bancorp Income Rises on Record Quarterly Revenue
U.S. Bancorp notched a rise in earnings for the latest quarter thanks to record revenue and loan growth.
----
Travelers Earnings Beat Estimates. Why the Stock Is Dropping.
The insurance company beats earnings expectations for the sixth consecutive quarter.
----
Forget the wealthy. Why this value manager is betting on average Americans, and the stocks he's buying now.
Smead Capital Management's Bill Smead says when the market correction eventually comes, wealthy Americans won't help investors' portfolios.
----
BNY Profit Rises on Higher Net Interest and Fees
Bank of New York Mellon posted higher third-quarter profit, boosted by a surge in net interest income and fees revenue.
----
Big Banks Cash In on Well-Heeled Borrowers
JPMorgan, Bank of America and Wells Fargo see few signs of trouble among their consumer clients.
----
They Signed Up for Citi's New Premium Card. It Turned Into a Nightmare.
The bank's Strata Elite cardholders say they have been locked out of their accounts for weeks, unable to make purchases or redeem rewards that cost an annual $595 fee.
----
EQT Says Investment Exit Plan Continues While Fundraising Remains Strong
The Swedish private-equity company said it is on track to deliver 30 investment sales this year.
----
Brokerages Battle to Win Over Active Investors. Trading Platforms Are the New Arms Race.
They're launching more-powerful trading tools and surprising new features in hopes of attracting more of these highly profitable customers.
----
How Jefferies Found Itself at the Center of First Brands' Collapse
The investment bank's deep ties to the auto-parts maker are likely to draw questions at its annual investor day Thursday
----
Financial Services Roundup: Market Talk
Find insight on Bank of Queensland, Bank of America, Intesa Sanpaolo and more in the latest Market Talks covering Financial Services.
----
Getty Trust's CEO Steers $9 Billion. How She Does It.
CEO Katherine Fleming says the Los Angeles-based arts institution spends "a lot of time figuring out where we're going to have the biggest impact through our grant making."
----
The Nation's Biggest Banks Are Saying the Economy Is Still Strong
A boom in dealmaking and higher spending point to a healthy economy, while bears are watching frothy stock prices and a weakening job market.
(END) Dow Jones Newswires
October 16, 2025 11:00 ET (15:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.