Dow Jones Top Financial Services Headlines at 12 am ET: Women were the Stars of Jpmorgan's CEO Succession Race-until They Weren't | BIS ...

Dow Jones12:00

Women Were the Stars of JPMorgan's CEO Succession Race-Until They Weren't

The bank remains an industry leader in promoting women, but the female contenders for the top job are out of the running.

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BIS Sees Peril for Economy, Financial System in AI Investment Boom

Fierce competition will dominate artificial intelligence risks driving investment spending to excessive levels that could tip some economies into recession, the Bank for International Settlements said.

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Lawmakers Call for Federal Probe of Polymarket Over Deceptive Advertising

Two senators asked regulators to probe Polymarket's promotion of fake bets following the Journal's reporting.

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Fed's Kashkari Says the Fed May Have to Raise Rates This Year

Minneapolis Fed President Neel Kashkari said inflation risks have led him to pencil in one rate hike by the end of the year.

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Wise Shares Top Stoxx 600 Index Risers on Profit Beat, Fresh Buyback Plan

The payment processor reported a market-beating profit and outlined a $500 million buyback program.

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Fiserv Insiders Load Up on Stock After CEO's Exit

Shares of the fintech are sliding in the wake of its former CEO's exit, and top executives are buying.

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The Options Trader Who Emerged as a Surprise Front-Runner to Succeed Jamie Dimon

Troy Rohrbaugh is seen as a leading contender in a race with Doug Petno to run JPMorgan.

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Robinhood Co-Founder Baiju Bhatt Breaks Down the Lucky Streaks in His Career

Baiju Bhatt, the billionaire behind Robinhood Markets, weighs in on whether luck or skill helped him most in pivoting business models and creating viral memes.

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Financial Services Roundup: Market Talk

Find insight on bitcoin ETFs, Niva Bupa Health Insurance, U.S. rate markets and more in the latest Market Talks covering financial services.

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Banks Get the Go-Ahead to Hike Dividends. Where the Best Yields Are.

Regional banks offer better dividends than the big money center banks.

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JPMorgan Shakes Up Dimon Succession Race With Two New Presidents

JPMorgan Chase named Doug Petno and Troy Rohrbaugh as co-presidents of the company, laying the groundwork to find candidates to succeed chief executive Jamie Dimon.

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At This Private-Credit Fund, Exits Have Been Restricted for Four Years and Counting

Wealth advisers fear it could be many more years before investors get all their money out of the fund, which invests in consumer and small-business debt.

 

(END) Dow Jones Newswires

June 29, 2026 00:00 ET (04:00 GMT)

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