Dow Jones Top Financial Services Headlines at 4 PM ET: Asset Managers Including Apollo, Ares Sued for Alleged Credit-Market Cartel | ABN ...

Dow Jones
Nov 26, 2025

Asset Managers Including Apollo, Ares Sued for Alleged Credit-Market Cartel

Telecommunications business Optimum, formerly Altice, alleges that lenders colluded to restrict access to credit markets through a private cooperation pact.

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ABN Amro to Shrink Workforce in Bid to Boost Profits

The bank aims to shrink its workforce by 5,200 employees as part of plans to simplify its operations, consolidate its legal entities and phase out legacy technology systems.

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Financial Services Roundup: Market Talk

Find insight on consumer confidence in Canada, Barclays, EFG International, and more in the latest Market Talks covering Financial Services.

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Fed's Daly Backs December Rate Cut, Citing Vulnerable Labor Market

The views of the San Francisco Fed president are significant because she has rarely deviated publicly from the position of Chair Jerome Powell.

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The Fed's Tool for Calming Short-Term Funding Markets Is Being Tested

Some banks have been concerned about the appearance of using the standing repo facility, despite the Fed's assurances.

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Flood of AI Bonds Adds to Pressure on Markets

Prices of newly issued bonds have slid, adding to investors' anxieties about stock valuations.

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Fed Official Sees No 'Urgency' for December Rate Cut

The remarks from Boston Fed President Susan Collins come a day after another another Fed official said there is room for a cut-showing the challenge Fed Chair Jerome Powell faces in trying to build consensus.

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Trump Calls Obamacare Insurers Fat and Rich. Investors See Them as Vulnerable.

Republicans want to shift subsidies away from some of the frailest companies in the industry.

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AI Investors Want More Making It and Less Faking It

The artificial-intelligence industry took Silicon Valley's hustle mentality to an extreme-and investors are catching on.

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Fed Divisions Show Powell Isn't the Biggest Hurdle to a Rate Cut

President Trump expects his next Fed chair to lower rates, but growing internal opposition shows the limits of a leadership change-and threatens to end decades of consensus.

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Bill Ackman Eyes Simultaneous Public Offerings of Firm and New Fund

The billionaire investor wants to take his hedge-fund management company, Pershing Square, public at the same time as a new closed-end fund next year.

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It Was Supposed to Be Crypto's Year. Then Came the Crash.

Crypto-market turmoil intensified this week, with bitcoin shedding more than 10% and over $10,000 in value.

 

(END) Dow Jones Newswires

November 25, 2025 16:00 ET (21:00 GMT)

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