Bank of America Shares Finally Recover From 2008 Financial Crisis
The bank's stock traded midday at more than $55.08, its previous all-time high from 2006.
----
Jamie Dimon Weighs In on Fed Chair Candidates at Closed-Door Event
"Kevin Warsh would make a great chairman," the JPMorgan CEO said at a recent closed-door event.
----
Wall Street Is Having One of Its Best Years Ever
Forecasts from executives this week suggest record trading revenues and big investment banking fees
----
Trump Administration Approves First Round of Crypto-Focused Banks
Circle, Paxos and Ripple are among those receiving conditional approval.
----
Schwab CEO Rick Wurster Draws a 'Bright Line' Between Investing and Gambling
The brokerage won't follow rivals such as Robinhood into prediction markets and other high-octane offerings.
----
Wealthfront IPO: Stock Heads Higher. How the Company Makes Money and What Else to Know.
The company is set to become the first publicly-traded robo-advisor.
----
Fed Officials Spar Over Whether Rate Cuts Risk Credibility on Inflation
Policymakers who will vote on rates next year remain divided on the path forward.
----
UBS Shares Hit Multiyear High on Proposed Capital Rules
The stock rose to its highest point in 17 years, after legislators proposed reducing capital requirements on Swiss banks.
----
BNP Paribas in Talks to Sell Stake in Moroccan Bank BMCI
The financial services group said it was in discussions to sell its 67% stake in BMCI to Holmarcom, which already is a shareholder in the Moroccan bank.
----
Fed Board Votes Unanimously to Reappoint Reserve Bank Presidents
The reappointment process had always been an under-the-radar administrative process that didn't attract attention-until this year.
----
Trump Administration Overhauls Financial Watchdog in Pursuit of Growth
----
Financial Services Roundup: Market Talk
Find insight on European AT1 bonds, Canadian housing affordability, Citigroup and more in the latest Market Talks covering Financial Services.
(END) Dow Jones Newswires
December 12, 2025 16:00 ET (21:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.