News Highlights: Top Financial Services News of the Day - Friday at 4 PM ET

Dow Jones
Feb 22
 
Coinbase Says SEC Intends to Drop Lawsuit Against Crypto Exchange 
 

The agency had sought to oversee the company as a stock market.

 
Crypto exchange Bybit suffers $1.4 billion hack. Here's why it's troubling for the industry. 
 

The hack of Bybit is the latest incident in which the crypto industry has been targeted.

 
Why Is Warren Buffett Hoarding So Much Cash? 
 

Investors are poised to study the Berkshire Hathaway chairman's annual letter for insights about the stock market.

 
The Latest Dilemma Facing Finance Chiefs: What to Tell Investors About Tariffs 
 

CFOs are weighing how much information to share about the impact of tariffs, especially as many are yet to take effect and the landscape continues to evolve.

 
Private Equity Sees Deal Pipelines Filling In as Year Begins 
 

Private-equity executives entered 2025 with high hopes for a dealmaking recovery that is lifting payouts to fund investors and powering fundraising.

 
U.K. Fines Banks Over Information Sharing on Government Bonds 
 

The competition regulator fined Citi, HSBC, Morgan Stanley and Royal Bank of Canada $132 million after a probe into the exchange of sensitive information about government bonds.

 
Standard Chartered Net Profit Falls, Announces $1.5 Billion Buyback 
 

The London-based bank, which generates much of its profit in Asia, said underlying profit before tax declined 0.9% to $1.05 billion.

 
Financial Services Roundup: Market Talk 
 

Find insight on UnitedHealth Group, Austrian banks, Standard Chartered, and more in the latest Market Talks covering Financial Services.

 
Funding Cuts at CFPB Seen Leading to 'Regulatory Vacuum' for Big Banks 
 

Turmoil at the agency could harm not only consumers but also small state-chartered banks, as their bigger rivals gain advantage from lax CFPB supervision, 23 state attorneys general say in court filing.

 
Lloyds Banking's Profit Dented by Extra Motor-Finance Provision 
 

The lender took a further provision in the fourth quarter for a potential hit linked to its motor finance business, leading its pretax profit to miss expectations.

 
 

(END) Dow Jones Newswires

February 21, 2025 16:00 ET (21:00 GMT)

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