Dow Jones Top Financial Services Headlines at 7 AM ET: How Blackstone Put Jersey Mike's on a Fast Track to This Week's IPO | New ...

How Blackstone Put Jersey Mike's on a Fast Track to This Week's IPO

The sandwich chain is set to go public at an $8 billion valuation after the private-equity firm reduced expenses.

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New Mexico Is Divided Over What to Do With $75 Billion in Oil Cash

The second-largest oil-producing state is also one of the poorest. How can it make its new wealth count?

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How the Wealthy Borrow Big With Loans Customized Just for Them

Loans backed by public securities are popular among the rich, but those with illiquid, hard-to-value assets often turn to specialty lenders.

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Deutsche Bank Plans Fresh $569 Million Buyback After Earnings Beat Hopes

Pretax profit at Germany's largest lender increased 11% from a year ago and it said that its planned buyback adds to a 1 billion-euro buyback the bank had recently completed.

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UBS Plans $3 Billion Buyback After Investment Bank, Wealth Units Lift Profit

The Swiss banking group said its stock-repurchase program would end by the second quarter of 2027 at the latest and that it plans buybacks of at least $1 billion over the next three months.

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Standard Chartered Posts Profit Beat, Announces $1 Billion Buyback

The London-based bank reported a second-quarter net profit of $1.71 billion, beating expectations, and announced a $1.0 billion share buyback.

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Morgan Stanley Bankers Were Pressured to Approve Mortgages for Wealthy Clients

Mortgage employees faced backlash when questioning or rejecting loans. The bank says it hasn't "compromised its underwriting standards."

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Leveraged ETFs tied to SK Hynix are getting hammered as chip wreck deepens

Volatility around the AI trade has been rough this week for bullish bets on stocks via leveraged ETFs

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Visa Third-Quarter Revenue Climbs, Citing Resilient Consumer, Business Spending

The payments company said profit came in at $5.63 billion amid resilient consumer and business spending.

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PayPal Beats Earnings Estimates and Hikes Guidance as Turnaround Takes Root

PayPal stock cratered earlier this year. Now, the fintech seeks to prove that its 'strategic reorganization' is yielding results.

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Banks Want Technophobes and Late Adopters to Use Digital Wallets. It Isn't Easy.

Paze faces an uphill battle to get people to use its online checkout button over Apple Pay and Google Pay.

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The Price to Finance the AI Data Center Boom Is Rising, Just Ask Meta

Meta's data-center project priced a $12.5 billion offering with a higher interest rate than a similar deal last year, as AI companies flood the market with new debt.

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Barclays Raises Key Targets

The British bank raised its group income and its net interest income targets after its second quarter was boosted by its global markets unit and investment banking fees.

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KKR, Blackstone Sign $16 Billion Kuwait Oil Deal

The companies that manage Kuwait's oil sector signed a $16 billion lease agreement with a group of investors led by Blackstone, Brookfield and KKR.

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Ex-JPMorgan Banker Alleges Racism, Sexual Assault in Federal Lawsuit

Chirayu Rana accused former colleague Lorna Hajdini of violating his civil rights and named three other leveraged-finance bankers.

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Main Street Banks Are a Cheaper Way to Play the AI Banking Boom

A pivot to the kind of business bolstering Wall Street titans can help regional players weather rising yields.

(END) Dow Jones Newswires

July 29, 2026 07:00 ET (11:00 GMT)