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

Dow Jones
07 May
 
Investors Begin to Bid Farewell to Buffett, America's Irreplaceable 'Finance Dad' 
 

Greg Abel, Berkshire Hathaway's next CEO, does many things well. But will he inspire a movement as Warren Buffett has?

 
Wall Street awaits Fed decision and U.S.-China talks. Here's what investors should watch 
 

On Wednesday, the Fed will conclude its first policy meeting since President Donald Trump rocked markets with his "liberation day" tariffs announcement on April 2.

 
Shamrock Capital Backs Consultant Neocol in Bet on AI's Proliferation 
 

Neocol, which helps subscription-based businesses grow, is Shamrock's first investment from its Clover strategy, which targets smaller deals.

 
Doctors Warn Accountants of Private-Equity Drain on Quality: You Could Be Next 
 

Early opponents of corporate influence in healthcare see parallels in another trusted profession.

 
DNB Bank Beats Market Expectations on Increased Customer Activity 
 

The bank posted $1.06 billion in net profit for the first quarter, driven by heightened client demand for advice and lending volume growth.

 
Disgraced Ex-Goldman Partner Sought by Malaysia for Extradition in 1MDB Scandal 
 

Tim Leissner is awaiting sentencing in U.S. after pleading guilty in 2018 for his role in the bribery scandal

 
Brookfield Sees Promising Trends Beyond Tariff Turmoil 
 

The infrastructure-focused investment firm expects demand to keep rising for energy, artificial intelligence and private credit.

 
UBS Hires JPMorgan Executive to Lead U.S. Workplace Wealth Unit 
 

Patricia McCarthy will help oversee UBS' effort to grow its workplace wealth solutions unit.

 
Financial Services Roundup: Market Talk 
 

Find insight on Scor, AXA, Intesa Sanpaolo and more in the latest Market Talks covering Financial Services.

 
New Real-Estate Fund Hauls in Billions to Buy Distressed Properties 
 

Brookfield Asset Management raised $5.9 billion in the first quarter to lift the fund's total to $16 billion.

 
 

(END) Dow Jones Newswires

May 07, 2025 11:00 ET (15:00 GMT)

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