Dow Jones Top Financial Services Headlines at 4 PM ET: Bank of New York Logs Higher Profit But Flags Market Volatility | PNC ...
Dow Jones2026/10/15 20:00Bank of New York Logs Higher Profit But Flags Market Volatility
Bank of New York Mellon recorded third-quarter growth with a hint of caution, as falling stocks in recent days have put up a few red flags.
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PNC Revenue Rises on National Expansion
PNC Financial Services Group recorded higher revenue, but came in short of Wall Street's estimates, as profit was dented by $36 million in integration costs tied to its acquisition of FirstBank.
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Mark Walter Probe Dings a Guggenheim Funding Machine That Powers Wall Street
Customers are shying away from doing business with a unit in Mark Walter's empire.
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Better.com Adds Former X CEO Linda Yaccarino to Board After Proxy Fight
Linda Yaccarino, the former chief executive of Elon Musk's X, is joining the board of Better.com as the digital mortgage lender looks for stability following a messy and expensive proxy fight.
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Diversification in Asia Keeps Private Equity Busy, Hamilton Lane's Koh Says
Asia's diversity can be daunting for private-equity investors wary of complexity. But that hasn't stopped some big firms from deepening their presence in the region.
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Rising Rates Threaten Wall Street's Golden Goose in Trading
Weak bond markets undermine what had been a strength for big banks.
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Charles Schwab's Growth Engine is 'Humming.' The Shares Are Falling Anyway.
The company's third-quarter earnings showed clients were taking out loans and adding funds to their investment accounts.
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New Private-Equity Firm Specializes in Giving Companies AI Glow-Ups
Aldaron, with co-founders coming from Palantir and Carlyle, recently closed its debut fund and made its first investment.
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Financial Services Roundup: Market Talk
Find insight on the home prices, ABN AMRO Bank, Singaporean banks and more in the latest Market Talks covering Financial Services.
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A Swiss Banking Giant Thinks the Unthinkable: Moving Out of Switzerland
The bank has received approaches from potential U.S. deal partners as it publicly spars with Swiss politicians over substantially higher capital requirements.
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Bank of America's Problems Go Far Beyond a $1.2B Fine
The nation's second-largest bank must regain credibility with investors after paying a massive fine for not complying with laws meant to prevent financial crimes.
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Debanking Probe Finds JPMorgan, Banks Cut Off MAGA Sellers and Democrat Groups
An investigation by a Trump regulator detailed examples of businesses and individuals getting shut out by the nation's biggest banks.
(END) Dow Jones Newswires
October 15, 2026 16:00 ET (20:00 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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