Runaway Insurance Costs Bring Back Talk of Price Caps
Increasingly, insurers in both red and blue states are being told to cap prices as lawmakers come under pressure.
----
The Fraudster Behind Steve Ballmer's NBA Nightmare
Joe Sanberg's bank got the Clippers owner to invest, then struck a puzzling deal with the team's star. "Makes no business sense whatsoever," one senior executive texted.
----
Family-Owned Businesses Face the Future. What Succession Looks Like.
A new report captures how families are navigating their businesses at a time of great wealth transfer.
----
Wealthy Families Are Writing Mission Statements to Avoid Fights, Lost Fortunes
Advisers help families spell out their values for generations to come
----
Jefferies Shares Pare Losses After CEO Says First Brands Defrauded Bank
Rich Handler doesn't see the collapse of the auto-parts supplier as sign of broader credit issues.
----
Banks' Strong Earnings Leave Investors Digging Deeper for Trouble Spots
Earnings from the country's biggest banks show a booming Wall Street and a solid consumer. But a warning from Jamie Dimon took center stage.
----
Concerns about banks' credit exposure help power latest leg of bond-market rally
The 10-year Treasury yield briefly fell to its lowest intraday level since April on Friday, as traders assessed the potential for a deeper push below 4% on any further fallout from bad loans in the banking industry.
----
American Express Third-Quarter Sales Rise as Cardholders Regain Spending Confidence
Revenue climbed 11% to $18.43 billion in the quarter as consumers spent more on retail, restaurants and airlines, said the company.
----
Goldman Sachs Pursues Bigger Share of AI Infrastructure Financing Boom
A new team will focus on deals to finance data centers and other artificial-intelligence projects.
----
State Street Posts Higher Profit as Fee Revenue Rises
The provider of financial services to institutional investors notched a higher top and bottom line for the third quarter, boosted by broad-based fee revenue increases.
----
Fifth Third Profit Rises, Comerica's Slips Ahead of Tie-Up
Fifth Third Bancorp posted higher profit in the third quarter, while Comerica's earnings slipped slightly, as the regional lenders prepare to combine in a $10.9 billion all-stock deal.
----
BBVA's $19 Billion Hostile Takeover Bid for Sabadell Falls Through
The development draws to a close a hostile pursuit by Spain's second-biggest bank that dragged on for nearly 18 months. Shares in BBVA jumped.
----
Financial Services Roundup: Market Talk
Find insight on U.S. cash home purchases, economic data during the shutdown and more in the latest Market Talks covering Financial Services.
(END) Dow Jones Newswires
October 20, 2025 07:00 ET (11:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.