News Highlights: Top Financial Services News of the Day - Thursday at 7 AM ET

Dow Jones11-21 20:00
 
The Trump Stock Euphoria Starts to Fade 
 

Tariffs, deficits and stretched valuations give Wall Street pause.

 
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 Assets Rise as Inflows Accelerate 
 

The private banking group reported an increase in assets under management as inflows of money from clients in key markets accelerated from the midyear point.

 
Fed's Williams Sees Inflation Cooling and Interest Rates Falling Further 
 

John Williams, who heads the Federal Reserve Bank of New York, says 2% is the rate that can best balance the Fed's employment and price stability goals.

 
Zurich Insurance Targets Higher Earnings Growth 
 

The insurer said it was targeting annual core earnings growth of more than 9% as part of its new three-year plan to 2027, after benefiting from a better-than-anticipated market.

 
The Lender Bailing Out Desperate Luxury Property Owners-for a Price 
 

Bay Point Advisors steps in when traditional banks won't. But some say the company can be too cutthroat when it comes to getting paid.

 
Financial Services Roundup: Market Talk 
 

Find insight on Finance of America, Singapore Exchange, DNB Bank and more in the latest Market Talks covering financial services.

 
Boston Fed President Sees Risks of Both Inflation and Soft Labor Market 
 

Federal Reserve Bank of Boston President Susan Collins expects to gradually lower interest rates while the situation becomes more clear.

 
Archegos Founder Bill Hwang Sentenced to 18 Years in Prison 
 

His firm's collapse wiped $100 billion in market value, prosecutors said.

 
Accolade Gathers $202 Million for New Blockchain Fund of Funds as Crypto Market Recovers 
 

When many investors stopped backing crypto venture funds, Accolade Partners saw an opportunity to keep deploying capital. Now it is riding new tailwinds thanks to Donald Trump's election and the expanding adoption of crypto technologies.

 
 

(END) Dow Jones Newswires

November 21, 2024 07:00 ET (12:00 GMT)

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