News Highlights: Top Financial Services News of the Day - Thursday at 4 PM ET

Dow Jones
02 May
 
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.

 
Citadel Sidesteps April's Market Swoons to Post Gains Across Its Funds 
 

Ken Griffin's main hedge fund is now up for the year after losing money in the first quarter.

 
HSBC Hunts for New Chair to Replace Hard-Charging Tucker 
 

Mark Tucker, a former insurance executive, was the first outsider to chair Europe's largest bank.

 
Are consumers under spending pressure? Not according to Mastercard's earnings. 
 

Despite talk of economic concerns, "the actual hard data still is very supportive of a strong consumer," Mastercard says.

 
Citigroup Hires Robert Lighthizer, Trump's Former Trade Czar 
 

A senior adviser, he has been addressing Citi's clients in closed-door talks around the world.

 
Lloyds Banking Group Confirms Guidance as Interest Income Holds Up 
 

The group confirmed its full-year guidance as revenue from loans held up, though heavier forward-looking provisions weighed on its profit.

 
Spain Competition Regulator Approves BBVA's Hostile Bid for Sabadell 
 

The decision puts the final word on the year-long takeover battle in the hands of the government.

 
10 Burning Questions for Warren Buffett at the Annual Berkshire Meeting 
 

Berkshire Hathaway investors are eager to hear CEO Warren Buffett hold forth at length about the company on Saturday. It may be one of the last such opportunities to do so.

 
Financial Services Roundup: Market Talk 
 

Find insight on Societe Generale, Hiscox, the BBVA-Sabadell deal, and more in the latest Market Talks covering financial services.

 
GOP Lawmakers Vote to Eliminate Accounting-Firm Watchdog 
 

The House Financial Services Committee advanced legislation that would scrap the PCAOB and cut the CFPB budget.

 
 

(END) Dow Jones Newswires

May 01, 2025 16:00 ET (20:00 GMT)

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