HSBC Names Chairman After Yearlong Search
Brendan Nelson, who has served as interim chair since October, was selected for one of the most demanding jobs in finance.
----
This Private Credit Stock Has Gotten Hit Hard. Why It Still Might Join the S&P 500.
Ares Management could be a buying opportunity for anyone willing to make a bet on potentially overstretched private credit.
----
Star-Powered ETFs Are Luring Investors. But a Big Name Doesn't Guarantee Big Returns.
Investors are piling into new ETFs from Wedbush's Dan Ives and Fundstrat's Tom Lee. Caution is warranted.
----
Scotiabank Aiming for Earnings Growth After Capital Markets Buoy Results
The Canadian bank has its sights on strong earnings growth in the coming year despite the lingering uncertainty brought on by U.S. trade policy, with capital and liquidity measures expected to remain solid.
----
Harvard's Big Wager on Bitcoin Came Right Before the Bust
The school reported nearly a half-billion in crypto holdings in its last quarterly report.
----
Fairstone Bank to Buy Laurentian Bank for About $1.4 Billion
Fairstone Bank of Canada entered an agreement to buy Laurentian Bank of Canada for about 1.9 billion Canadian dollars, or $1.36 billion.
----
U.K. Loosens Bank Capital Demands for First Time Since Financial Crisis
British banks will no longer need to hold so much capital, as the U.K. joins the U.S. in unwinding some measures put in place after the global financial crisis.
----
Santander to Sell Stake in Polish Subsidiary for Around $473 Million After Erste Group Deal
The bank said it completed the placement of 3.58 million ordinary shares, representing around 3.5% of Santander Bank Polska's share capital.
----
Financial Services Roundup: Market Talk
Find insight on U.S. bank stocks, Scotiabank, Shopify and more in the latest Market Talks covering financial services.
----
Goldman Makes a $2 Billion Bet on 'Boomer Candy'
The bank is buying Innovator Capital Management, which specializes in ETFs that protect investors from market downturns.
----
Strategy, the Bitcoin-Buying Company, Raises $1.44 Billion to Weather Crypto Downturn
Shares of Michael Saylor's company fell again along with bitcoin.
----
Buy Now, Pay Later Companies Asked to Share Lending Practices
Attorneys general from seven states are launching an inquiry into buy now, pay later lenders including Affirm, Klarna and PayPal.
----
UBS Charged in Switzerland Over Credit Suisse 'Tuna Bonds' Scandal
The charges are the latest in a saga that started around 2013, when Credit Suisse arranged debt deals for state-owned companies in Mozambique.
----
New Growth Investment Lifts Sokin's Valuation to $300 Million
Prysm Capital has led a $50 million investment in Sokin that values the payments company at $300 million, betting on the growing importance of cross-border payments to support global commerce.
----
Company Founder Accuses Corinthian Capital of Fraud, Discrimination
The founder of a hospice company alleges the firm misstated its finances in buying her out of the business.
(END) Dow Jones Newswires
December 03, 2025 07:00 ET (12:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Comments