Dow Jones Top Financial Services Headlines at 7 AM ET: Trump's Push to Make Homes More Affordable Needs the Banks to Play Ball | Swiss ...

Dow Jones
Feb 27

Trump's Push to Make Homes More Affordable Needs the Banks to Play Ball

Lenders have many reasons to resist jumping back into mortgages.

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Swiss Re Tops Up Returns With $1 Billion Buyback

Stock jumped after the reinsurer paired its quarterly results with a surprise buyback, signaling a more aggressive stance on capital returns.

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Monte Dei Paschi Eyes Higher Earnings, Payouts After Mediobanca Integration

Shares in Monte dei Paschi slipped despite the bank pledging to return around €16 billion to investors over the next five years.

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Financial Services Roundup: Market Talk

Find insight on Swiss Re, Toronto-Dominion Bank, London Stock Exchange Group and more in the latest Market Talks covering Financial Services.

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Jack Dorsey's Block to Lay Off 40% of Its Workforce in AI Remake

The company said the plan would cost it $450 million to $500 million in expenses and severance.

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Compass to Share Listings with Rocket in New Partnership

The agreement, which the companies described as a strategic alliance, will last three years.

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How JPMorgan's Bankers Stayed Close to Epstein After Bank Fired Him as a Client

Two of the firm's bankers maintained close ties with Jeffrey Epstein as he took on a bigger role running Leon Black's family office.

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Fed's Miran Says Four Cuts Are Appropriate This Year

Federal Reserve governor Stephen Miran said he thinks the Fed needs to cut interest rates by about a percentage point this year.

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Brink's to Acquire NCR Atleos in $4 Billion Deal in Combo of ATM Players

Brink's said the deal would boost its scale and geographic footprint, adding 78,000 owned-and-operated ATMs to its own network.

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Carlyle Aims to Haul In $200 Billion Over Three Years

The firm's strategies designed for individual investors are expected to attract about a fifth of the total raised through 2028.

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Victory Capital Files Competing Bid to Acquire Janus Henderson

Victory Capital said it submitted a bid to acquire Janus Henderson that it says is higher than the $7.4 billion offered in December by Nelson Peltz's Trian Fund Management and venture firm General Catalyst.

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Vanguard Settles Texas Lawsuit Alleging Investors Conspired to Drive Up Coal Prices

Vanguard Group agreed to pay several U.S. states $29.5 million to settle a lawsuit alleging it worked with other index-fund managers to pressure coal companies to reduce output.

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TD Bank Quarterly Earnings Lifted by Growth Across Operations

Toronto-Dominion Bank's earnings jumped in the first three months of its fiscal year as the big Canadian lender saw revenue growth across its operations.

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Royal Bank of Canada Earnings Lifted by Personal Banking, Markets Growth

The bank, Canada's biggest by market value, turned in a stronger-than-expected profit in the first quarter with gains across most business segments.

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LSEG Shares Rise After Forecast of Profitability Boost, $4 Billion Buybacks

The financial-data provider and exchange operator said continued revenue growth and efficiencies would help it improve profitability beyond this year.

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Munich Re Profit Dented By Currency Headwinds

The reinsurer's fourth-quarter profit fell 11.5% as foreign exchange fluctuations dragged.

 

(END) Dow Jones Newswires

February 27, 2026 07:00 ET (12:00 GMT)

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