Dow Jones Top Financial Services Headlines at 11 AM ET: Citigroup's Profit Jumps, Boosted by Dealmaking and Trading | Goldman ...

Dow Jones
Oct 14

Citigroup's Profit Jumps, Boosted by Dealmaking and Trading

Citigroup's profit jumped 16% in the third quarter, powered by a surge in dealmaking and trading revenue.

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Goldman Sachs Profit Surges, Fueled by Dealmaking Boom

Investment banking revenue jumped 42% and results beat expectations.

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Wells Fargo Third-Quarter Profit Rises

Wells Fargo said its profit increased 9% in the third quarter.

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JPMorgan's Profit Jumps as Business Booms on Main Street, Wall Street

The bank raked in higher revenue from trading and dealmaking​, while CEO Jamie Dimon​ said the economy remains resilient despite some signs of softening.

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Alterra's Plan to Unlock Climate Investments Targets Developing World

The U.A.E.-financed firm expects to drive $250 billion in renewable energy and transition commitments by 2030.

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BlackRock's Assets Hit Record $13.5 Trillion After Market Rally, Dealmaking Spree

The investment manager's base fees rose at an annualized rate of 10% in third quarter.

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Financial Services Roundup: Market Talk

Find insight on ANZ, Blackstone, Lloyds Banking Group and more in the latest Market Talks covering financial services.

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Goldman Sachs to Acquire Industry Ventures for Up to $965 Million

The deal aims to bolster Goldman's ability to provide solutions for technology entrepreneurs, the company said.

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A Historic Crypto Selloff Erased Over $19 Billion, but Two Accounts Made $160 Million

Ahead of the selloff, two accounts on Hyperliquid placed massive bets that bitcoin and ether would fall.

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LendingTree CEO Dies in ATV Accident on Family Farm

Doug Lebda was 55. The company named operating chief Scott Peyree as its new chief executive.

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First Brands Boss Resigns and Jefferies Seeks to Calm Its Investors

Founder Patrick James will be succeeded as CEO by one of the bankrupt auto-parts supplier's restructuring advisers. Jefferies says the selloff is "overdone."

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Brookfield to Acquire Rest of Oaktree for $3 Billion

Brookfield Corporation and Brookfield Asset Management agreed to acquire the rest of Oaktree for about $3 billion in an expansion of Brookfield's private-credit business.

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Banks Poised for Strong Third Quarter, But Yellow Flags on Consumer Health Loom

A lengthy government shutdown, along with rising student and auto loan delinquencies, could weigh on banks as the year comes to a close.

 

(END) Dow Jones Newswires

October 14, 2025 11:00 ET (15:00 GMT)

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