Dow Jones Top Financial Services Headlines at 11 AM ET: Private Markets' AI Panic: When 'Recurring Revenue' Isn't | Societe ...

Dow Jones02-07

Private Markets' AI Panic: When 'Recurring Revenue' Isn't

Investors are turning skeptical of private equity and loans premised on supposedly predictable results.

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Societe Generale Raises 2026 Profitability Target

The bank is projecting higher revenue and lower costs, after reporting a stronger net profit for the fourth quarter.

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Financial Services Roundup: Market Talk

Find insight on Societe Generale, London Stock Exchange Group, Banco Bilbao Vizcaya Argentaria and more in the latest Market Talks covering Financial Services.

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TPG Posts Record Fundraising and Investment Volumes in 2025

The private markets firm's chief executive said he sees opportunity in market turmoil.

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KKR Executives Downplay Impact of AI Disruption

In discussing Q4 earnings, the private-markets firm said it isn't changing its return forecasts despite market turbulence over the software sector.

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Affirm Sales Jump Driven by Higher Gross Merchandise Volume

The buy now, pay later company recorded a 30% increase in sales in its fiscal second quarter.

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Banco De Sabadell Appoints TSB's Marc Armengol as Next CEO

Marc Armengol, who currently serves as the CEO of TSB, will take over from Cesar Gonzalez-Bueno, who is widely credited for his work fending off a hostile takeover bid by larger rival BBVA.

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The Credit-Card Rate Cap Has Stalled, and Issuers Are Doing Just Fine

The biggest credit-card issuers collected about $146 billion in revenue last year from America's reliance on debt.

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Blue Owl Dismisses Software Debt Fears After Shares Slide

The credit-focused firm defended its technology bets while detailing revenue and earnings gains even as stock slides.

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BNP Paribas Lifts Midterm Targets

The eurozone's largest lender in terms of assets is banking on cost-cutting and profit-boosting initiatives to drive growth.

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Bitcoin Booster's $12 Billion Loss Headlines Crypto's Worst Day Since 2022 Crash

Shares of Strategy, Michael Saylor's bitcoin-stockpiling company, have fallen sharply since crypto prices touched their all-time highs in October.

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BBVA Profit Rises on Loan Growth

The Spanish bank, which also operates in Mexico, South America and Turkey, reported a 4.1% increase in net profit.

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Danske Bank Launches Buyback After Ending 2025 on High Note

The Danish bank said it would launch a new $712 million share buyback and pay out an increased dividend after earnings came in above guidance.

 

(END) Dow Jones Newswires

February 06, 2026 11:00 ET (16:00 GMT)

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