News Highlights: Top Financial Services News of the Day - Friday at 12 AM ET

Dow Jones12-20 13:00
 
Schwab Files Nonsolicitation Suit Against Advisor Who Oversaw $1.5 Billion 
 

The company says the advisor has contacted clients since he left Schwab to work at another wealth management firm.

 
Trump Isn't President Yet. He's Already Spooking the Fed. 
 

Inflation risks from the incoming administration's agenda can't be ignored any longer.

 
The Next Big Fed Debate: Has the Era of Very Low Rates Ended? 
 

Fed officials are trying to figure out the just-right interest rate. Some think they might already be close to that destination.

 
Antin Infrastructure Partners Exceeds $10 Billion for Fifth Flagship Fund 
 

The Paris-based investment firm has closed the largest infrastructure fund so far in 2024.

 
The Latest Clash of the Buyout Titans? Cheesy Holiday Videos 
 

Season's greetings videos from Blackstone and Apollo feature offbeat images including a CEO on horseback.

 
Financial Services Roundup: Market Talk 
 

Find insight on TD Bank, Banco BPM, Monte dei Paschi and more in the latest Market Talks covering Financial Services.

 
Short-Term Loans Get Just What They Need: A Long-Term Commitment 
 

Buy now, pay later lending is attracting deep-pocketed lenders. It could be a win-win.

 
El Salvador Made Bitcoin an Official Currency. Now It's Backtracking for IMF Loan. 
 

The organization is showing flexibility by allowing the bitcoin program to proceed in a limited way.

 
LPL and Ameriprise Reach Deal on Data at Heart of Recruiting Dispute 
 

Ameriprise sued LPL this summer over recruiting tactics that it says encouraged advisors to improperly take customer data.

 
2024 Has Been a Year of Extremes in the Stock Market. Can It Last? 
 

As extended as some trends have become this year, investors shouldn't assume that they are about to revert to the mean.

 
 

(END) Dow Jones Newswires

December 20, 2024 00:00 ET (05:00 GMT)

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