Dow Jones Top Financial Services Headlines at 7 AM ET: Indonesia’s Central Bank Resumes Rate Cuts to Support Growth | Bloomberg ...

Dow Jones
21 May

Indonesia's Central Bank Resumes Rate Cuts to Support Growth

Bank Indonesia has resumed its rate-cutting cycle as cooling inflation, slower growth and a steadier rupiah offer room to loosen policy settings.

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Bloomberg Terminal Outage Hits Traders

The terminal, an essential tool for professional investors, suffered an outage that disrupted trading.

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The IPO Market Is Stirring, but at ‘Down-Round' Valuations

Venture-backed tech companies are testing the market, but have made peace with the idea that the lush private valuations of years ago are a thing of the past.

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JPMorgan Wants to Be Go-To Banker for Carbon Markets as It Forges a New Deal

The bank and CO280, a Vancouver-based company that funds technology to keep carbon dioxide from being emitted into the atmosphere, signed an offtake agreement.

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Fed President Musalem Warns Against 'Looking Through' Tariff Inflation

"A look-through policy has risks and costs," Musalem said in remarks prepared for delivery at the Economic Club of Minnesota.

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Julius Baer's Assets Under Management Decline

The private-banking group posted lower assets under management for the first four months of the year, but said that client activity was elevated.

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Radical Market Swings Leave Some in the Pension Crowd on Edge

Corporate pension funds are feeling the heat after the fits and starts of the Trump administration's tariff policies sparked radical market swings, including some of the biggest one-day moves of the past decade.

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Why Wells Fargo expects the emerging-markets outperformance to reverse

This year, emerging-market equities have outperformed the S&P 500 by a wide margin and investors have debated whether the relative strength can be sustained. A new report by Wells Fargo analyst Austin Pickle expects the trend to reverse.

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Growth Investor Invictus Banks $574 Million

The firm collected the fresh capital across its second flagship fund and co-investment vehicles to back software businesses.

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Financial Services Roundup: Market Talk

Find insight on JPMorgan Chase CEO Jamie Dimon's comments, bitcoin and more in the latest Market Talks covering Financial Services.

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SEC Chair Signals Investor Access to Private Markets Could Soon Broaden

The regulator will consider changes that could make it easier for investors to put money into hedge funds and private-equity funds.

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Jamie Dimon's Would-Be Successors Audition for the Top Job at JPMorgan

Investors gather in Midtown Manhattan to see who might become the bank's next CEO.

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Crypto Billionaire Accused of Defrauding Creditors, Propelling Industry's 2022 Collapse

Creditors' lawsuits allege the crypto winter began earlier than believed, and with actions by Digital Currency Group's founder, Barry Silbert.

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Vanessa Larco, Mercedes Bent Team Up for Consumer-Focused Venture Firm

Believing that AI will fundamentally alter consumer behavior, the two former NEA, Lightspeed partners have set up Premise.

 

(END) Dow Jones Newswires

May 21, 2025 07:00 ET (11:00 GMT)

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