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Dow Jones Top Financial Services Headlines at 4 PM ET: Fed Holds Rates Steady but Two Officials Sought Another Increase | UBS ...

Dow Jones Top Financial Services Headlines at 4 PM ET: Fed Holds Rates Steady but Two Officials Sought Another Increase | UBS ...

Dow JonesDow Jones2026/10/28 20:00

Fed Holds Rates Steady but Two Officials Sought Another Increase

The decision was widely expected but drew a dissent from Fed governor Lisa Cook. Officials have hinted a December increase is likely.

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UBS CEO Signals Possible Switzerland Exit Over Capital Demands

The group is caught in a dispute with lawmakers in its home country over proposals to introduce more demanding capital requirements on its foreign subsidiaries.

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AI Boom Drives a Jump in Lending, but Bankers Still Sound Cautious

Big and regional banks alike are riding a wave of AI lending.

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JPMorgan's Skyscraper on Park Avenue Estimated to Cost Around $6 Billion

The bank hasn't disclosed the building's definitive cost since it opened last year.

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Intesa Sanpaolo Gets European Central Bank Approval to Take Over Monte Dei Paschi

The green light removes a key regulatory obstacle for the Italian bank's $34.93 billion takeover offer.

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Weil Gotshal Leaders Confirm Plan to Wind Down Law Firm

The once-storied firm suffered a series of high-profile defections and failed merger talks that left it with few options.

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Adyen Abandons Midterm Profitability Target

Shares in the Dutch payments company were down more than 11% after it said it would drop a midterm profitability target as it accelerates investments.

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Santander Shares Fall After Integration Costs Eat Into Profit

The bank's quarterly profit declined, with integration charges linked to its recent acquisitions weighing on its bottom line.

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BNP Paribas Earnings Climb on Boost From Trading

The French bank reported an increase in earnings for the third quarter, boosted by 9.45% revenue growth and a strong performance by its equities and prime brokerage arm.

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Deutsche Bank on Track to Reach 2026 Goals After Earnings, Revenue Rise

The bank reported an increase in third-quarter profit after its corporate and retail banking divisions boosted the group's revenue, offsetting a decline in its investment bank.

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Standard Chartered Posts Net Profit Beat, Raises Guidance

The bank boosted its annual income and profitability forecasts as quarterly profit growth beat expectations.

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Financial Services Roundup: Market Talk

Find insight on UBS Group, Santander and more in the latest Market Talks covering financial services.

(END) Dow Jones Newswires

October 28, 2026 16:00 ET (20:00 GMT)

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