Dow Jones Top Financial Services Headlines at 4 PM ET: Wealth Management Stocks Take a Hit. Blame AI. | Bitcoin-Backed ...

Dow Jones
02/11

Wealth Management Stocks Take a Hit. Blame AI.

On guard for disruptive threats, investors appear quick to dump stocks they perceive to be threatened by developments in artificial intelligence.

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Bitcoin-Backed Bond Sale Hit by Crypto Turbulence

Wall Street's first public bitcoin-backed bond sale hit a snag after the cryptocurrency's recent plunge.

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Blackstone Founder Steve Schwarzman Aims to Build a Top 10 Private Foundation

The billionaire philanthropist is expected to continue his focus on culture, education and artificial intelligence.

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Michael Saylor Defends Strategy's Bitcoin Bet as Short Sellers Pile In

Short interest in Strategy has surged as Bitcoin slides, with investors increasingly betting against Michael Saylor's leveraged crypto strategy.

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S&P Global Stock Drops Sharply. Mixed Earnings Highlight Software Sector Weakness.

Last week's software sector slump added to concerns over profitability and growth.

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Monte Dei Paschi Net Profit Surges After Mediobanca Takeover

Quarterly net profit was €1.35 billion compared with €384.9 million in the year-earlier period, when its results didn't include Mediobanca.

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Barclays Sets New Midterm Targets Alongside Profit Beat

The lender issued more ambitious targets for the period through 2028 and expects revenue to grow more than 5% a year.

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Standard Chartered Names Interim CFO as De Giorgi Exits to Join Apollo

The bank said De Giorgi is stepping down as executive director and group CFO, effective immediately.

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Buyout Firms See Software Disruption as Buying Opportunity

Leaders of cash-flush firms stress their limited holdings in the sector, brushing off AI concerns that hammered the market.

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A Bitcoin Blunder for the Ages: $40 Billion Accidentally Given Away

A botched prize giveaway has landed a South Korean cryptocurrency exchange in hot water.

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Fed's Interest-Rate Stance Well-Positioned, Dallas Fed President Says

Lorie Logan's comments are sign she might be reluctant to support a return to cutting rates at Fed's coming meetings.

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Financial Services Roundup: Market Talk

Find insight on the sterling bond market, Apollo Global Management and more in the latest Market Talks covering Financial Services.

 

(END) Dow Jones Newswires

February 10, 2026 16:00 ET (21:00 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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