Italy's Monte Dei Paschi Formally Names Lovaglio as CEO, Appoints Bisoni as Chair
The newly appointed board has reinstated Luigi Lovaglio's powers as chief and general manager following weeks of governance turmoil at the bank.
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KPMG Cutting 10% of U.S. Audit Partners After Voluntary-Retirement Push Falls Short
Roughly 100 partners are exiting the Big Four accounting firm, some of whom volunteered to retire early, people familiar said.
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The Arbitrage Trade That's Making Private-Credit Withdrawals Worse
Some investors are exploiting a yawning gap between how similar funds are valued.
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Ackman's Pershing Square Inc. to Sell Up to 33.12 Million Shares in IPO
Investor Bill Ackman's Pershing Square Inc. plans to offer up to 33.12 million shares in its initial public offering, at an expected price of $50 a share.
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American Express Profit Rises on Premium Customer Strength
American Express reported higher first-quarter profit on the back of continued strength in its business targeting upper-income customers.
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Blackstone Distributable Earnings Rise, Revenue Climbs
Blackstone's first-quarter distributable earnings climbed as the asset manager logged higher revenue and grew its assets under management.
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StepStone Group Collects Over $1.58 Billion for Private-Credit Fund
The firm brought in more than twice the amount it sought initially for its second credit opportunities fund.
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Bob Iger Returning to Joshua Kushner's Thrive in Post-Disney Move
The former Disney CEO, who has dabbled in tech and media investing, is going back to venture capital.
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Norway's DNB Bank Profit Slips as Margins Compress
Lower lending margins and higher costs squeezed its bottom line, though robust client activity and rising fee income helped cushion the blow.
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Philippine Central Bank Raises Rates as Mideast War Fuels Inflation Risks
Bangko Sentral ng Pilipinas opted to raise its benchmark overnight reverse repurchase rate to 4.50% from 4.25%.
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FICO Isn't the Only Credit Score for Mortgages Anymore. Fair Isaac Stock Drops.
The move could open the housing market to more Americans but challenges Fair Isaac's control of the mortgage market.
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Financial Services Roundup: Market Talk
Find insight on Blackstone, Revolut, UBS and more in the latest Market Talks covering Financial Services.
(END) Dow Jones Newswires
April 24, 2026 07:00 ET (11:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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