Dow Jones Top Financial Services Headlines at 7 AM ET: BNY Profit Rises On Net Interest Income Growth | Smaller ...

Dow Jones01-13

BNY Profit Rises On Net Interest Income Growth

Bank of New York Mellon posted higher fourth-quarter profit as its net interest income and fees revenue continued to surge.

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Smaller Natural Disasters Incurred Record Insurance Costs Last Year

The U.S. was spared by a direct hurricane hit last year, but claim costs for typically smaller, more frequent and localized natural disasters reached their highest to date for 2025.

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Financial Services Roundup: Market Talk

Find insight on Suncorp, the Bank of Montreal, Banca Monte dei Paschi di Siena and more in the latest Market Talks covering Financial Services.

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Behind the Unraveling of Apple's Credit-Card Partnership With Goldman Sachs

After more than two years of negotiations, one of the biggest credit-card deals of all time will see Goldman replaced by JPMorgan on the Apple credit card.

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Banks Enter Earnings Season on Firmer Footing, Though Risks Linger

U.S. banks are entering the new year on solid footing after a strong 2025, and analysts say that momentum should continue, barring any unforeseen shocks.

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New York Fed President Defends Chair Amid Investigation

New York Fed President John Williams said that interest rates are in a comfortable place, hinting that he and other U.S. central bankers may not be in a rush to bring interest rates lower this month.

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Capital One to Pay $425 Million in 360 Savings Interest-Rate Settlement

Capital One Finance has agreed to pay $425 million over claims it misled consumers about a high-yield savings program.

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Wall Street, Former Fed Officials Slam Powell Probe

Stocks and longer-term Treasurys steadied after early declines, while gold notched a new record.

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UBS Urges Switzerland to Reassess Alternatives to Capital Plan

The group reiterated its opposition to the proposal to increase capital requirements, saying the plan would hurt its operations and place a burden on the country's economy.

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AI Is Here. This Group Wants to Help Financial Planners Prepare.

The Financial Planning Association is launching a portal, FPAi, that will serve as an AI content library for its members.

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U.S. Prosecutors Are Investigating Fed Chair Jerome Powell

Powell said the criminal probe is part of President Trump's campaign to pressure the Fed to lower interest rates.

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Hedge Funds Get Ready for the 'Donroe Doctrine' Trade

After the U.S.' capture of Venezuelan strongman Nicolás Maduro, investors are racing to capitalize on President Trump's ambitions to dominate the Western Hemisphere.

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Maduro's Crypto-Backed Oil Deals Put Tether at Center of Venezuela Money Drama

The stablecoin served as a tool to avoid sanctions and a lifeline for everyday citizens.

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Trump Calls for 10% Cap on Credit-Card Interest Rates

Previous proposals to cap interest rates haven't gained much traction in Congress.

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How Citigroup Shares Can Keep Up Their Winning Run

Shares of the global megabank have outperformed over the past three years, but the bar is raised.

 

(END) Dow Jones Newswires

January 13, 2026 07:00 ET (12:00 GMT)

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