Dow Jones Top Financial Services Headlines at 7 AM ET: Sequoia Doesn't Want a 'King' to Run Its $9 Billion Hedge Fund | Sens. ...

Dow Jones12-05

Sequoia Doesn't Want a 'King' to Run Its $9 Billion Hedge Fund

After tension around profit-sharing and culture, the fund is trying a new leadership model.

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Sens. Warren and Reed Call for Tighter Credit Rules

The Democrats ask regulators to run a stress test of the private-credit market to evaluate the scope of potential risks.

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Swiss Re Targets Higher Profit in 2026, Sets Out Buyback Program

The group continues to aim for annual dividend per share growth of 7% or more over the next two years and to complement this with an annual share buyback program starting next year.

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Financial Services Roundup: Market Talk

Find insight on Swiss Re, Barclays and more in the latest Market Talks covering financial services.

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SoFi Plans to Sell $1.5 Billion of Common Shares. The Stock Falls.

San Francisco-based SoFi said it planned to use the net proceeds from the offering for general corporate purposes, including enhancing its capital position.

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TD Bank Pushes Up Dividend After Quarterly Results

Toronto-Dominion Bank joined other big Canadian lenders in boosting its dividend, signaling optimism despite continued economic uncertainty after TD and its rivals each notched better-than-expected results in the latest quarter.

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He Was Caught Up in the Financial-Crisis Firestorm. Now He Oversees HSBC.

Under Brendan Nelson, KPMG's financial-services practice faced scrutiny in the wake of U.K. lender bailouts.

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GPB Fraud Perpetrator May Avoid Forfeiting Over $15 Million

President Trump's clemency order for David Gentile has raised the possibility that a forfeiture proceeding against him will be dropped.

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Tricolor Creditors Seek Probe Into JPMorgan, Fifth Third

A group of bondholders wants to know whether the subprime auto lender's bank lenders had advantaged information about the now bankrupt company.

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Midmarket Firm Truelink Capital Targets $1.5 Billion for Sophomore Fund

Truelink expects to hold a first, possibly final, closing in the first quarter, according to documents prepared for the Arkansas Teacher Retirement System.

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Royal Bank of Canada Lifts Dividend With Jump in Earnings

Royal Bank of Canada bumped up its dividend and a key target for earnings after logging record net income in the final quarter of its fiscal year.

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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.

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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.

 

(END) Dow Jones Newswires

December 05, 2025 07:00 ET (12:00 GMT)

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