ECB's Key Interest Rate Is in a Good Place, Says Schnabel
The key rate is unlikely to change from 2% unless the eurozone economy is hit by another big shock, executive board member Isabel Schnabel said.
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Blackstone Sells NIBC Bank to ABN Amro for $1.1 Billion
Dealmaking in the European banking sector has been heating up after a period of high interest rates resulted in higher profitability and bumper investor payouts.
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6 Global Balanced Funds That Make Sense for This Market
The simplest way to get overseas exposure is to buy an all-in-one global balanced fund that makes the allocation decisions for you.
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United Capital, Part of Creative Planning, Acquires $4 Billion Texas Advisory Firm
The purchase of Apexium Financial is United Capital's second acquisition of the year, and more are in the pipeline.
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One of Blackstone's Top-Ranking Women to Leave Firm
Kathleen McCarthy Baldwin, global real-estate co-head, said she will leave at the end of the year.
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Cash-Flush Private Equity Steps On the Gas as Market Rebounds
Private-equity firms are capitalizing on an accelerating deals pace, though some still struggle with exits to send cash back to investors.
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Banks just sent this upbeat signal about the economy. Here's why investors aren't buying it.
Banks stockpiled less money for troubled loans during the most recent quarter despite fears over bad-debt "cockroaches."
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Garcia's Take: Private Credit Gives Large Firms' Quarterly Fundraising a Boost
Credit strategies bolstered capital inflows for publicly traded asset managers in the third quarter despite a fundraising drought in the overall private-equity industry.
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Polus Capital Bags $1 Billion for European Distressed Deals, Sources Say
People familiar with the matter say the firm aims to take advantage of stressed and distressed assets across Europe.
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SoftBank Sells Its Nvidia Stake for $5.8 Billion to Fund OpenAI Bet
The company reported its quarterly net profit more than doubled, driven by gains from its investment in the ChatGPT maker.
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Munich Re Cuts Revenue Guidance Further but Maintains Profit View
The German reinsurer posted higher profit though trimmed its insurance-revenue guidance, as currency fluctuations weighed on the company's top line.
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Financial Services Roundup: Market Talk
Find insight on RHB Bank, Munich Re, Ayden and more in the latest Market Talks covering Financial Services.
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Using Your Credit Card at the Checkout Is Set to Get a Lot More Complicated
A settlement between Visa, Mastercard and merchants could usher in a new era of tiered pricing at the register.
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Apollo Buys Majority Stake in Soccer Club Atletico de Madrid
The deal values the team at the equivalent of about $2.5 billion, and comes as U.S. investors have been pouring money into European soccer.
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The Credit-Card Rule That Powers Rewards Cards Just Got Broken
Visa and Mastercard reach a settlement on a 20-year legal fight with merchants, agreeing to allow stores to reject some credit cards for the first time.
(END) Dow Jones Newswires
November 12, 2025 07:00 ET (12:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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