News Highlights: Top Financial Services News of the Day - Friday at 11 AM ET

Dow Jones00:00
 
Swiss Private Bank EFG Aims to Win More Wealthy Clients 
 

The bank, which competes with UBS Group, is on the hunt for acquisitions, EFG Chief Executive Giorgio Pradelli said.

 
Trump Considers Warsh Serving as Treasury Secretary-and Then Fed Chair 
 

The president-elect floated the idea during a Wednesday meeting with the former Fed governor.

 
Financial Services Roundup: Market Talk 
 

Read about Moshi Moshi Retail, BBVA and more in the latest Market Talks covering Financial Services.

 
Gary Gensler to step down as SEC chair, in a move that has crypto bulls 'glad' 
 

Crypto bulls have been cheering after U.S. Securities and Exchange Commission Chair Gary Gensler announced he will leave his post on Jan. 20, exiting the Wall Street watchdog as President-elect Donald Trump is inaugurated.

 
GQG Launches Buyback After Stock Tumbles on Adani Probe 
 

One of the top investors in Adani Group launched an on-market share buyback to protect its share price against the contagion from a U.S. investigation into the Indian conglomerate.

 
Intuit Maintains Full Year Guidance; CEO Says Trump Administration Won't Build Tax-Filing App 
 

President-elect Donald Trump's incoming administration doesn't "want to add to the bureaucracy and they don't want to add investments to create something...that already exists," said Chief Executive Sasan Goodarzi.

 
Large Accounting Firms Will Have to Submit Financial Statements to U.S. Regulator 
 

The U.S. auditing watchdog voted to require certain audit firms to disclose eight new metrics ranging from auditor turnover to partner involvement and restatement history.

 
Fintech Company Finastra, Used by the Largest Banks, Discloses Hack 
 

Finastra says it is investigating which institutions might have had data compromised.

 
BBVA Puts Forward Plans to Get Sabadell Deal Approved 
 

The lender laid out measures to address the concerns Spain's competition regulator has over the hostile takeover of Sabadell in an effort to get the deal authorized promptly.

 
Julius Baer Flags Inflows Pickup, Brighter Outlook 
 

The private banking group said inflows from clients in key markets accelerated from the midyear point as it signaled a rosier outlook for the year ahead with higher profit and potential shareholder returns.

 
 

(END) Dow Jones Newswires

November 22, 2024 11:00 ET (16:00 GMT)

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