Danske Bank Expects Earnings to Land at Upper End of Guidance Range
Net interest income so far this year has been resilient, while fee income has remained strong and impairments low.
—-
Coinbase Global Third-Quarter Sales Climb as Trading Volumes Rise
The cryptocurrency marketplace posted a profit of $437.1 million in the third quarter, compared with $75.5 million a year earlier.
—-
Australian Bank ANZ’s Second-Half Profit to Take $728 Million Hit
ANZ will take a US$728 million hit from restructuring charges, impairments and other one-off costs when the Australian bank reports its first earnings results.
—-
Federal Reserve to Reduce Bank Supervision Staff by 30%
The reductions would leave the Fed’s supervision and regulation division with about 350 people.
—-
Berkshire’s New Normal: No Buffett Shareholder Letter and No ‘Buffett Premium’
Warren Buffett is still Berkshire’s CEO for two more months. The company’s stock is trading as though he has already retired.
—-
Blue Owl Leader Dismisses First Brands, Tricolor Bankruptcies as ‘Idiosyncratic’
The credit-focused firm had no exposure to recent failures tied to suspected fraudulent borrowing, but net income plunges.
—-
Institutional Investment Adviser Cambridge Associates Cuts Jobs
The adviser to pensions and endowments has dismissed 70 to 80 employees as private equity slumps, people familiar with the situation say.
—-
Sports Bets Don’t Interest Intercontinental Exchange. It Prefers AI and Blockchain.
ICE has agreed to invest up to $2 billion in Polymarket, an operator of prediction markets that plans to list event contracts that will let people bet on “Yes”/”No” propositions in sports.
—-
BlackRock Stung by Loans to Business Accused of ‘Breathtaking’ Fraud
An entrepreneur tapped private-credit funds to finance his telecom businesses. Now the lenders say he defrauded them.
—-
The ECB and Fed Are Going in Different Directions. Can It Last?
The European Central Bank held rates steady for the third meeting in a row.
—-
Onex, AIG to Jointly Buy Specialty Insurer Convex for $7 Billion
Onex will buy a 63% equity stake in the privately-held property and casualty insurer, with AIG buying 35%.
—-
Mastercard Profit Rises as Consumers Continue to Spend
Mastercard reported higher third-quarter profit and sales, citing strong consumer and business spending.
—-
JPMorgan Tokenizes Private-Equity Fund on Its Own Blockchain
The move marks the bank’s first step toward a broad rollout of its fund tokenization platform.
—-
BBVA’s Profit Suffers from Currency Hit Despite Strong Loan Growth
Net profit was down 3.7% even as gross income rose on growth in net interest income, and higher commissions and fees.
—-
Financial Services Roundup: Market Talk
Find insight on Mastercard, U.S. luxury home prices and more in the latest Market Talks covering Financial Services.
(END) Dow Jones Newswires
October 31, 2025 07:15 ET (11:15 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.