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

Dow Jones
04-03
 
How the Company Making Nearly All Its Money From the Government Is Navigating Trump's Cuts 
 

Booz Allen's CEO discusses the more than $1 billion in price concessions his firm has offered up and what its business will look like post-DOGE.

 
Goldman Sachs Is Taking Heat Over Top Executives' Pay 
 

Two influential proxy-advisory groups are advising investors to vote against pay packages for two top executives at the bank's annual shareholder meeting this month.

 
Consulting Giants Offer Billions in Cuts to Federal Contracts. It Might Not Be Enough. 
 

Accenture, Deloitte, IBM and other firms submitted proposed price concessions but are expected to be asked to dig deeper.

 
Deutsche Bank's DWS Fined $27 Million in Greenwashing Probe 
 

The asset-management arm of Deutsche Bank agreed to settle an investigation by German prosecutors into allegations that it overstated its environmental, social and corporate-governance practices.

 
Judges Issue Mixed Rulings on Lawsuits Over Private-Equity Pension Deals 
 

Two federal courts made contradictory decisions on lawsuits claiming Apollo Global Management's insurer Athene is too risky to manage pension assets.

 
Are Muni Bonds Still a Darling on Wall Street? It Depends Who You Ask 
 

For investors facing a tall federal income tax bill, munis may make more sense than holding Treasurys or cash-like money-market funds. But tax-exempt issues linger.

 
Financial Services Roundup: Market Talk 
 

Find insight on Wise PLC, Santander and more in the latest Market Talks covering financial services.

 
Post-CoreWeave, Venture Investors Rethink Their Outlook on IPOs 
 

CoreWeave's bumpy takeoff as well as market volatility are deterring startups from going public. Still, some investors continue to warm hopes for a rebound this year.

 
Credit Agricole Gets ECB Nod to Raise BPM Stake as UniCredit Readies Bid Launch 
 

The French bank said that the ECB on Tuesday authorized Credit Agricole to cross the 10% threshold in the Italian bank's share capital and to hold up to a 19.9% stake in Banco BPM.

 
Visa Offers Apple Roughly $100 Million to Take Over Credit Card From Mastercard 
 

Visa, Amex and Mastercard are all competing to be the network for the tech giant's credit card.

 
 

(END) Dow Jones Newswires

April 03, 2025 07:00 ET (11:00 GMT)

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