Dow Jones Top Financial Services Headlines at 11 AM ET: Bank of Canada to Stand Pat on Rates, Await Fallout From Energy-Price Shock | Commerzbank ...

Dow Jones
Mar 17

Bank of Canada to Stand Pat on Rates, Await Fallout From Energy-Price Shock

Economists expect the central bank to hold its policy rate steady as the war in the Middle East threatens to lift inflation expectations.

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Commerzbank CEO Surprised by 'Low Price' of UniCredit Offer

The comments came a day after UniCredit-Commerzbank's largest shareholder-offered to buy all the shares in the German bank it didn't already own.

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Mastercard to Buy Stablecoin Infrastructure Firm BVNK for Up to $1.8 Billion

Mastercard has agreed to buy stablecoin infrastructure firm BVNK for up to $1.8 billion.

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The Blowup That Exposed How America's Banks Are Entangled in Private Credit

The Western Alliance vs. Jefferies fight exposes risks to bank backing for private credit.

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BNP Paribas Targets Asset-Management Growth Under 2030 Plan

The bank aims for a near doubling in pretax income from its asset management unit by 2030 under a new plan that builds on its acquisition of AXA Investment Managers.

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Finance Bros to Tech Bros: Don't Mess With My Bloomberg Terminal

Some spend more time with the computer system than they do with their spouse. So when techies declared it "cooked," it was war.

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Nordea to Book $219 Million Restructuring Costs, Plans Job Cuts

First-quarter costs come as the Helsinki-based bank launched a new strategy late last year aiming to use technology, data and artificial intelligence to become more profitable.

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Fund managers increased their cash reserves at the outset of war by the most since COVID emerged

The deterioration in investor sentiment from last month to this has been marked but it's nowhere near as bad as it was after Liberation Day in April 2025

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Financial Services Roundup: Market Talk

Find insight on UniCredit, Perpetual, Standard Life and more in the latest Market Talks covering Financial Services.

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JPMorgan Is Considering New Prediction Market Guidance for Employees

The world's largest bank is trying to get a handle on the fast-growing world of prediction markets, where regulation is still taking shape.

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UniCredit Launches Fresh $28 Billion Bid for Rest of Commerzbank

The offer is the latest twist in a long-running campaign by the Italian bank to take over the German lender.

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Iran War Puts Venture Fund's Public Listing on Hold

Fundrise Innovation Fund is waiting for market volatility to die down before going public.

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Bank of America Agrees to Settle Lawsuit Over Jeffrey Epstein Ties, U.S. Court Says

The lawsuit alleged the bank maintained a relationship with Jeffrey Epstein and failed to report suspicious activities until after the convicted sex offender's death.

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Inside a $42 Billion Private-Credit Black Box: More Black Boxes

The Cliffwater Corporate Lending Fund's opacity helps explain why it is facing redemptions.

 

(END) Dow Jones Newswires

March 17, 2026 11:00 ET (15:00 GMT)

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