Dow Jones Top Financial Services Headlines at 7 AM ET: The appointment of Kevin Warsh is a market stabilizing mechanism, claims Morgan Stanley | Saying ...

Dow Jones02-02 20:00

The appointment of Kevin Warsh is a market stabilizing mechanism, claims Morgan Stanley

Strategist Mike Wilson believes Warsh will serve as a credibility anchor for the current government's monetary policy.

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Saying You Want to Shrink the Fed Is One Thing. Doing It Is Another.

Kevin Warsh's vision of 'regime change' at the central bank could mean tighter times for markets.

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Intesa Plans to Cut 6,100 Jobs by 2029 in Savings Push

The lender is looking to strike a balance between expanding its top and bottom lines while continuing to hand excess capital to shareholders.

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Julius Baer Reports Drop in Profit for Transition Year

Julius Baer reported a sharp drop in profits for 2025 due to a series of previously flagged one-offs including credit write-downs and the sale of its Brazilian subsidiary.

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An Investor's Guide to the Boom (and Bust) in Gold and Silver

Friday's plummet in precious-metal prices shows the danger of being late to a rally that has gone far beyond reality.

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When the Last Local Bank in Town Turns to a Global Salad Company for Help

When Taylor Fresh Foods, a packaged-salad giant, took a 16% stake in Pacific Valley Bank, it was a lifeline-and perhaps a model for other community lenders.

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The Wild Markets Behind Polymarket's 'Truth Machine'

Shayne Coplan has built the crypto-based betting platform into a $9 billion company. The Justice Department shelved its probe.

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Ropes & Gray Lands Restructuring Team From Fried Frank

Rachel Strickland, formerly with Fried Frank, will lead Ropes & Gray's global restructuring practice.

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Wall Street Can't Decide Whether Kevin Warsh Will Be a Friend or Foe

Warsh has recently advocated for lower rates, but a smaller Fed balance sheet.

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American Express Revenue Rises as High-Income Consumers Keep Spending

The credit-card company said higher-income clients are spending on restaurants and luxury items, and that they continue to seek out its premium cards.

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Trump Picks Kevin Warsh as Fed Chair

Trump's choice for the job was one of the most important personnel decisions the president faced for the remainder of his term.

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Sen. Warren Seeks Warsh's Position on Criminal Probes of Powell, Cook

Elizabeth Warren, the top-ranking Democrat on the Senate Banking Committee, wrote that the Federal Reserve's next chair must be committed to making policy decisions free from political considerations.

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SEC Names Retired EY Partner to Run Audit Watchdog

Jim Logothetis will serve as PCAOB chair; White House official Mark Calabria is among those joining board.

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The High Price You Pay to Get on Board Hot Companies Before They Go Public

Investment vehicles promote access to coveted stocks, but the costs and complexity can be shocking.

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Who Is Kevin Warsh? Five Things to Know

As a young man, the nominee took a starring role at the central bank, and he has angled for years to lead it.

 

(END) Dow Jones Newswires

February 02, 2026 07:00 ET (12:00 GMT)

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