Dow Jones Top Financial Services Headlines at 11 am ET: Warsh Tells Congress the Fed Has 'no Tolerance' for High Inflation | EQT ...

Dow Jones07-14 23:00

Warsh Tells Congress the Fed Has 'No Tolerance' for High Inflation

The new chairman bound the Fed to a goal without hinting at interest-rate path, two weeks before a meeting where some officials could press for an increase.

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EQT Forms New Venture Capital Fund to House Some Existing Tech Stakes

The new continuation vehicle raised around $600 million in a funding round led by HarbourVest Partners.

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First Hawaiian to Merge With TriCo Bancshares in $2 Billion All-Stock Deal

The parent company of First Hawaiian Bank has agreed to acquire TriCo Bancshares in an all-stock transaction valued at $2.01 billion.

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Financial Services Roundup: Market Talk

Find insight on DBS Group, DNB Bank, Plus500 and more in the latest Market Talks covering financial services.

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Jamie Dimon says 'booming' markets and a 'fine' consumer fueled JPMorgan's blowout profits

JPMorgan blew past earnings expectations for the second quarter, as CEO Jamie Dimon said markets are booming.

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Bank of America's stock reverses premarket decline in wake of blockbuster earnings report

Investors initially appeared to be "selling the news" after the bank handily beat Wall Street's expectations

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Williams Gets $5.34 Billion Investment from Blackstone-led Group

As part of the deal, Blackstone and its partners will receive 49% noncontrolling equity interest in five power-infrastructure projects.

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A hot inflation reading this week could mean a rate hike soon, Fed's Waller says

There is a chance the Federal Reserve will need to raise interest rates soon if inflation readings this week disappoint, Fed governor Christopher Waller said Monday.

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Former Sequoia Head Roelof Botha Exits Firm After More Than Two Decades

Botha, who led the firm between 2022 and 2025, plans to focus on his board seats and work with founders of several emerging private companies.

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Bank of Canada Set to Keep Rates Steady, WSJ Survey Shows

Economists said the Bank of Canada is likely to keep its policy rate unchanged for a sixth consecutive time, as inflation remains too hot to cut and economic activity too tepid to raise.

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Warsh's First Big Call: Whether to Undo Last Year's Cuts

A steadier economy and stubborn inflation have put a rate increase in play. The new chairman, who testifies this week, hasn't tipped his hand.

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Think the S&P 500 Looks Cheap? Read the Fine Print

The index's price/earnings, or P/E, ratio depends on who is defining the "E."

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Serta's Landmark Liability Management Deal Backfires on Participating Lenders

A bankruptcy judge last week ordered the mattress maker's lenders in the 2020 debt exchange to pay damages to nonparticipating creditors based on loan face values.

 

(END) Dow Jones Newswires

July 14, 2026 11:00 ET (15:00 GMT)

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