Dow Jones Top Financial Services Headlines at 7 AM ET: Kevin Warsh Is Confirmed as Fed Chair in 54-45 Senate Vote | Global ...

Dow Jones05-14

Kevin Warsh Is Confirmed as Fed Chair in 54-45 Senate Vote

The divided vote signaled the challenge ahead for Warsh, who faces a Fed committee skeptical of the rate cuts President Trump has demanded.

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Global Nature of Energy Shock Raises Inflation Risk, ECB's Lane Says

The global nature of the rise in energy prices that has accompanied the conflict in the Middle East may lead to slower growth and higher inflation in the eurozone.

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3i Group Shares Plunge After Slowdown at Retailer Action

The private-equity company reported weaker profitability at Action, which accounts for the bulk of the group's portfolio value.

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Aviva Posts Rise in Insurance Premiums

The insurer and asset manager's quarterly general insurance premiums reached £3.4 billion, up 19% compared with a year prior.

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Financial Services Roundup: Market Talk

Find insight on Zurich Insurance Group, 3i Group, ABN Amro and more in the latest Market Talks covering Financial Services.

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The More You Know About This Private-Credit Fund, the Less You Understand

A close look at a Blue Owl credit fund's holdings raises questions about its valuations.

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Corient Is Buying a $7.8 Billion Wealth Manager. Its Deal Spree Isn't Over.

The latest acquisition will expand Corient's presence in the South and Southwest and add a team of 47.

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ABN Amro Shares Climb After Cost Control Lifts Profit

The Dutch bank's earnings beat analysts' expectations and it said full-year costs would be lower than forecast.

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Allianz Profit Rises on Robust Property-Casualty Results

Europe's largest insurer by market capitalization booked €3.69 billion in net profit attributable to shareholders in the first quarter.

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Fed's Collins Says She Could Envision the Need for Rate Hikes

Boston Federal Reserve President Susan Collins said she envisions a prolonged stretch of steady interest rates, and could envision a scenario that requires some policy tightening to ensure inflation returns to the central bank's 2% target.

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Bank of Canada on Alert for Quick Change in Inflation Dynamics, Minutes Say

Bank of Canada officials agreed on the need to change course quickly on rate policy depending on developments in the Middle East and trade tensions with the U.S.

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Zurich Insurance Reports Growth in Premiums Across Divisions

Gross written premiums for its property-and-casualty division rose 18%. On a like-for-like basis, property-and-casualty premiums grew 8%.

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SoftBank Lands $25 Billion Gain on OpenAI Bet

The Japanese company has issued debt, sold stakes and borrowed to fund bold AI investments.

 

(END) Dow Jones Newswires

May 14, 2026 07:00 ET (11:00 GMT)

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