News Highlights: Top Financial Services News of the Day - Friday at 11 AM ET

Dow Jones
02 May
 
Berkshire's National Indemnity Tries to Manage Rising Talc Lawsuits in Bankruptcy 
 

The "Collect now, pay later" insurance model at Berkshire's National Indemnity didn't account for the rise in talc-related lawsuits.

 
Warren Buffett, Mum So Far on the Trade War, Steps Up to the Mic 
 

Buffett, whose Berkshire Hathaway will host its annual meeting this Saturday, has held his tongue on what Trump's tariffs mean for economies and markets.

 
Goldman Sachs Removes Mentions of 'Black' From Flagship Diversity Pledge 
 

"Black in Business," one program in the effort, is now about staying "in the black," in reference to profits-not race

 
NatWest Narrows Guidance After Profit Beat 
 

The lender expects income and returns to hit the upper end of guidance this year after loan growth and structural hedges lifted the high-street bank's earnings above market views.

 
Money Managers Are the Most Bearish They've Been in 28 Years, Our Poll Finds 
 

Nearly 60% say the stock market is overvalued, according to Barron's latest Big Money poll of professional investors.

 
Dutch Bank ING Beats Views, Lifting Shares 
 

ING Groep posted a smaller-than-anticipated decline in net profit and confirmed its key targets, reassuring investors and sending its stock higher.

 
Standard Chartered Posts Profit Growth, Maintains Guidance 
 

The London-based bank increased its first-quarter net profit, topping market expectations, and maintained its guidance despite cautioning of heightened economic uncertainty fueled by tariffs.

 
Financial Services Roundup: Market Talk 
 

Find insight on ING, NatWest, BBVA and more in the latest Market Talks covering financial services.

 
Cigna's Earnings Come In Strong. It's a Good Sign for Health Insurers. 
 

The results make UnitedHealth Group's earnings blowup last month look less and less like a sector-wide problem.

 
KKR Executives Foresee Only a Mild Tariffs Hit to Portfolio Companies 
 

Executives of KKR & Co. believe President Trump's tariffs will have little effect on its portfolio companies, and promised to maintain an emphasis on Asia despite a looming trade war that has rattled the region.

 
 

(END) Dow Jones Newswires

May 02, 2025 11:00 ET (15:00 GMT)

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