News Highlights: Top Financial Services News of the Day - Friday at 7 AM ET

Dow Jones
04-18
 
Merrill Lynch Advisors With $2.9 Billion in Assets Jump to Stifel 
 

Ryan Bell, Melissa Transier, and Chris Green have joined Stifel's independent broker-dealer in Dallas.

 
Insurance Broker Stocks Are Havens in a Choppy Economy. 3 to Consider. 
 

Business is good for the insurance brokers, despite rising fears of a possible recession.

 
Private Equity World Engulfed by Perfect Storm 
 

Tariff-related market turmoil dashes investors' hopes for payouts as dealmaking grinds to a near standstill.

 
Apollo Global Names Successors to Jay Clayton 
 

Gary Cohn will be lead independent director and CEO Marc Rowan will be chairman.

 
Blackstone Sees Opportunity in Tariff-Driven Market Turmoil 
 

Having $177 billion in capital available to invest gives the asset manager an advantage, its leaders said.

 
Financial Services Roundup: Market Talk 
 

Ally Financial, American Express and more in the latest Market Talks covering Financial Services.

 
American Express customers are 'eating out and enjoying life' as spending grows 6% 
 

Amex's CEO said that recent metrics are "in many cases better than what we saw in 2024."

 
Charles Schwab Stock Rises. Earnings Beat Wall Street's Estimates. 
 

The company's earnings and revenue topped Wall Street expectations, and Schwab said it had confidence in previously issued earnings guidance.

 
Global Payments to Acquire Worldpay for $24.25 Billion 
 

Global Payments has agreed to acquire Worldpay for $24.25 billion from Fidelity National Information Services and private equity firm GTCR, and divest its issuer solutions business to Fidelity for $13.5 billion.

 
ECB Cuts Interest Rates to Counter Threat From Trump Tariffs 
 

The central bank cut by a quarter of a percentage point to cushion Europe's flagging economy from Trump's trade war.

 
 

(END) Dow Jones Newswires

April 18, 2025 07:00 ET (11:00 GMT)

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