South Korea Regulator Unveils Curbs on High-Risk ETFs
The Financial Services Commission is seeking to stabilize a stock market that has seen wild swings as individual investors use debt to chase profits amid AI-related jitters.
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BlackRock Shares Rally After Assets Soar Past $15 Trillion
BlackRock reported profits rose 20% from a year earlier, and shares rallied almost 7%.
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Stripe and Private-Equity Firm Advent Offer to Buy PayPal
The deal would value the fintech company at around $53 billion.
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Bank of Canada Keeps Policy Rate Unchanged Amid Signs of Economic Recovery
The central bank offered an updated outlook which predicts economic growth to ramp up markedly in the second quarter and remain in positive territory through 2028.
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Morgan Stanley Posts Blowout Quarter Thanks to Blockbuster IPOs, Newly Minted Millionaires
The bank reported adjusted second-quarter earnings of $3.46 a share, blowing past Wall Street forecasts thanks to a surge in investment banking revenue.
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BNY Lifts Revenue Forecast After Profit Climbs
For the second quarter, the bank posted net income of $1.7 billion, or $2.45 a share, up from $1.39 billion, or $1.93 a share, in the same quarter a year earlier.
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Kalshi to Offer Contracts Predicting Flight Cancellations
The contracts will allow users to predict the percentages of flights canceled at an airport within a given timeframe.
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JPMorgan, BlackRock and Goldman to Tokenize Stocks, Treasurys
Trade processor DTCC is launching a trial run with Wall Street firms to convert assets into digital tokens.
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JPMorgan's Latest Defense Move Backs Sub Supplier and Philadelphia Shipbuilding
As part of the bank's defense initiative, $24 million will go toward a submarine facility and training skilled workers.
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New York Yankees, Apollo in Talks for $3 Billion Financing Deal
The deal would be the investment firm's largest with an American sports team so far.
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Warren Buffett and Bill Gates Are Still Giving Away Their Fortunes. Just Not Together.
Buffett didn't donate this year to the Gates Foundation and called his longtime friend's ties to Jeffrey Epstein "distasteful."
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Sagard Passes $1 Billion as It Raises a Third Credit Partners Fund
The Canadian asset manager aims to collect $2 billion for the new pool as it begins to deploy the fresh capital following a down year in direct lending.
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U.S. Seeks More Private-Markets Firms to Boost Small-Business Funding
The leadership of the recently expanded SBIC program wants more asset managers to take part.
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Financial Services Roundup: Market Talk
Find insight on Stripe's offer to buy PayPal, JPMorgan's Jamie Dimon and more in the latest Market Talks covering financial services.
(END) Dow Jones Newswires
July 16, 2026 07:00 ET (11:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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