News Highlights: Top Financial Services News of the Day - Tuesday at 11 AM ET

Dow Jones
03-11
 
Bowman Seen as Front-Runner for Fed's Top Banking Cop 
 

The former Kansas bank regulator has been at the Fed since 2018, and was appointed by Trump.

 
Bank of Canada Expected to Deliver Seventh Straight Cut on Trade Turmoil 
 

Nearly all economists surveyed anticipate a seventh straight rate reduction as policy uncertainty hits business confidence.

 
BlackRock Becomes a Power Player in Global Shipping-With Help From Trump 
 

Larry Fink's clout is on display with a $23 billion deal for ports in Panama and beyond.

 
KPMG Shrinking Number of Country Units in Revamp of Global Structure 
 

The Big Four accounting firm aims to integrate many member firms, particularly smaller ones, into larger operations.

 
Swiss Bank J. Safra Sarasin to Buy Majority Stake in Saxo Bank For $1.2 Billion 
 

The deal concludes a months-long process to find a new owner for the Danish online trading and investment provider.

 
Made-in-U.S.A. Lumber Futures Are Coming to Wall Street 
 

Southern yellow pine futures will begin trading later this month as prices split from those of Canadian lumber.

 
The Mounting Case Against U.S. Stocks 
 

Worries about a trade war, signs of flagging growth and splinters in the AI trade are pressuring U.S. shares.

 
EPA, Citibank Face Legal Challenge to $20 Billion Green-Bank Funding Freeze 
 

Clean-energy nonprofit Climate United says the EPA grant freeze is causing catastrophic harm to project employees, contractors and service providers.

 
Financial Services Roundup: Market Talk 
 

Find insight on Visa and Mastercard and more in the latest Market Talks covering financial services.

 
How European Defense Stocks Became a Hedge-Fund Home Run 
 

Drastic shifts in the global security environment have sparked a sector rally.

 
 

(END) Dow Jones Newswires

March 11, 2025 11:00 ET (15:00 GMT)

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