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Dow Jones Top Financial Services Headlines at 4 PM ET: New York State Sues Polymarket in Escalating Crackdown on Prediction Markets | BlackRock ...

Dow Jones Top Financial Services Headlines at 4 PM ET: New York State Sues Polymarket in Escalating Crackdown on Prediction Markets | BlackRock ...

Dow JonesDow Jones2026/09/24 20:00

New York State Sues Polymarket in Escalating Crackdown on Prediction Markets

The company and rival Kalshi are facing legal challenges from states around the country.

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BlackRock Investment Portfolios Debut on the Blockchain as Digital Tokens

Three model portfolios developed by the money manager will hold baskets of ETFs and be tokenized by Ondo Finance.

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Citi Is Rolling Out Higher Rates in New Push for Clients' Assets

Citigroup wants clients to park more of their cash and investments with the bank. It's offering incentives to make it happen.

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National Stock Exchange of India Rises in Trading Debut

Shares of NSE rose as much as 5.2% from the IPO price, after the exchange operator raised $2.36 billion in India's second-largest initial public offering.

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Financial Services Roundup: Market Talk

Find insight on UBS Group, Banco Bilbao Vizcaya Argentaria, Societe Generale and more in the latest Market Talks covering financial services.

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Wells Fargo Names COO Powell as Next Chief Risk Officer

Scott Powell will succeed Derek Flowers, who is retiring from the bank in January.

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African Fintech Airtel Money Targets $9 Billion Valuation With London Listing

The African digital financial services platform plans to list existing shares on the London Stock Exchange but won't raise new capital.

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Paychex's Sales Growth Slows

The payroll and human-resources provider on posted a fiscal first-quarter profit of $429.7 million, or $1.21 a share, compared with $383.8 million, or $1.06 a share, a year earlier.

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Private-Credit Firms Are Buzzing About Getting In on JPMorgan's Card Empire

The bank has recently explored finding partners to underwrite rejected applications for its co-branded credit cards.

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Meta's Muse Comes for Financial Stocks

The rapid adoption of the new artificial-intelligence agent threatens to disrupt wealth managers, brokerages and insurers.

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Swiss Parliament's Upper House Backs Plan to Ease Capital Demands on UBS

The upper house of Swiss parliament backed a proposal to ease new capital demands on the group, while rejecting a stricter requirement in a bill put forward by the country's government.

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$5 Billion Flurry of Nearly Identical Kalshi Trades Draws Scrutiny

The rapid trades-all at nearly $5,500-occurred in a single Kalshi market. The prediction market says the trades represent normal activity.

(END) Dow Jones Newswires

September 24, 2026 16:00 ET (20:00 GMT)

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India Relaxes Asset Management Rules: Portfolio Management Industry Approved for Overseas Investment and Short Selling Stocks for the First Time

Indian regulators announced on Thursday that they will allow the country’s $463 billion portfolio management industry to invest in overseas securities for the first time and to conduct short-selling in stock options. This move opens up new channels for India’s wealthy class to access global markets and holds significance for AI-related assets, which have attracted strong investor interest. Additionally, India will launch new portfolio management products with lower investment thresholds.

华尔街见闻•2026/09/24 21:16
India Relaxes Asset Management Rules: Portfolio Management Industry Approved for Overseas Investment and Short Selling Stocks for the First Time