Dow Jones Top Financial Services Headlines at 12 AM ET: KKR Strikes Deal to Buy Private-Capital Fund Administrator Gen II | Bank ...
Dow Jones2026/10/06 04:00KKR Strikes Deal to Buy Private-Capital Fund Administrator Gen II Private-capital funds have proliferated in recent years as investors seek to reduce reliance on public markets. ---- Bank Stocks Are Haunted by the Ghosts of 2023 Lenders have stronger balance sheets now as they face a new rate-hiking cycle. ---- Intesa Sweetens Monte dei Paschi Bid to $35.3 Billion, But Warns on Rival Deals The bank sweetened the total offer value and warned it could pull out if Monte dei Paschi shareholders backed rival deals. ---- Trump Accounts' Extraordinary Expansion Puts Individual Stocks Into Kids' Holdings The latest shift in the program ties children's wealth building directly to the fate of particular companies. ---- BofA's Merrill Agrees to $39 Million Settlement Over Low Interest Rates on Retirement Accounts The long-running cash sweep legal case centered on how the company moved, or swept, some Merrill Edge customers' idle cash into accounts that paid interest that was below prevailing rates. ---- Warren and Hawley to Probe Insurers Over Zero-Payout Claims The senators, one a Republican and the other a Democrat, question whether companies are driving profits with 'tactics to delay payments.' ---- Financial Services Roundup: Market Talk Find insight on bitcoin, Intesa's bid for Banca Monte dei Paschi di Siena and more in the latest Market Talks covering Financial Services. ---- Two Blue Owl Private Credit Funds See Redemption Requests Well Above 5% Investors move to pull another $4.2 billion from two funds. ---- Ant-Backed Fintech Mynt Valued at Around $7 Billion in Philippine IPO The IPO is set to become one of the Philippine Stock Exchange's largest ever listings. ---- IG Group Shares Dive 27% After Trading Platform Slashes 2026 Guidance The investment platform said in an unscheduled trading update that it expects third-quarter revenue to fall 14%. ---- UBS Shareholder Calls for Bank to Leave Switzerland U.S. investor Artisan Partners has urged the bank to part ways with its home country over new capital rules. ----
KKR Strikes Deal to Buy Private-Capital Fund Administrator Gen II
Private-capital funds have proliferated in recent years as investors seek to reduce reliance on public markets.
----
Bank Stocks Are Haunted by the Ghosts of 2023
Lenders have stronger balance sheets now as they face a new rate-hiking cycle.
----
Intesa Sweetens Monte dei Paschi Bid to $35.3 Billion, But Warns on Rival Deals
The bank sweetened the total offer value and warned it could pull out if Monte dei Paschi shareholders backed rival deals.
----
Trump Accounts' Extraordinary Expansion Puts Individual Stocks Into Kids' Holdings
The latest shift in the program ties children's wealth building directly to the fate of particular companies.
----
BofA's Merrill Agrees to $39 Million Settlement Over Low Interest Rates on Retirement Accounts
The long-running cash sweep legal case centered on how the company moved, or swept, some Merrill Edge customers' idle cash into accounts that paid interest that was below prevailing rates.
----
Warren and Hawley to Probe Insurers Over Zero-Payout Claims
The senators, one a Republican and the other a Democrat, question whether companies are driving profits with 'tactics to delay payments.'
----
Financial Services Roundup: Market Talk
Find insight on bitcoin, Intesa's bid for Banca Monte dei Paschi di Siena and more in the latest Market Talks covering Financial Services.
----
Two Blue Owl Private Credit Funds See Redemption Requests Well Above 5%
Investors move to pull another $4.2 billion from two funds.
----
Ant-Backed Fintech Mynt Valued at Around $7 Billion in Philippine IPO
The IPO is set to become one of the Philippine Stock Exchange's largest ever listings.
----
IG Group Shares Dive 27% After Trading Platform Slashes 2026 Guidance
The investment platform said in an unscheduled trading update that it expects third-quarter revenue to fall 14%.
----
UBS Shareholder Calls for Bank to Leave Switzerland
U.S. investor Artisan Partners has urged the bank to part ways with its home country over new capital rules.
----
Wall Street's Trading Desks Come Down From a Record High
Bankers expect third-quarter revenue to be better than normal, but not to match the big gains earlier this year
(END) Dow Jones Newswires
October 06, 2026 00:00 ET (04:00 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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BUZZ-Genmab shares hit a three-year high as blood cancer drug combination study results are released
October 6 - Genmab (GMAB.CO) shares rose about 8%, reaching a three-year high and leading the STOXX 600 index (.STOXX). Genmab and AbbVie ABBV.N announced on Monday (link) that their combination therapy for blood cancer reduced the risk of disease progression and death in a late-stage clinical trial. The two companies stated that, compared to R-CHOP regimen alone, the combination therapy reduced the risk of disease progression or death in newly diagnosed patients by 51%. Analysts at Jefferies described this result as "impressive". The brokerage added that the data "easily met the bar for success" and exceeded investor expectations of approximately 40%. TD Cowen stated that the data establishes the combination therapy as a potential new standard of care, with peak market potential expected to exceed $3 billion. (For convenience of non-English speakers, Reuters has automated this report into several other languages. Automated translations may contain errors or lack necessary context, and Reuters makes no guarantees as to their accuracy. The automated translation is provided for reader convenience, and Reuters bears no responsibility for any damages or losses resulting from use of the automated translation.)
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