Dow Jones Top Financial Services Headlines at 11 AM ET: Better.com Adds Former X CEO Linda Yaccarino to Board Amid Proxy Fight | Diversification ...

Better.com Adds Former X CEO Linda Yaccarino to Board Amid Proxy Fight

Linda Yaccarino, the former chief executive of Elon Musk's X, is joining the board of Better.com as the digital mortgage lender looks for stability following a messy and expensive proxy fight.

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Diversification in Asia Keeps Private Equity Busy, Hamilton Lane's Koh Says

Asia's diversity can be daunting for private-equity investors wary of complexity. But that hasn't stopped some big firms from deepening their presence in the region.

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Bank of New York Logs Higher Profit But Flags Market Volatility

Bank of New York Mellon recorded third-quarter growth with a hint of caution, as falling stocks in recent days have put up a few red flags.

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PNC Revenue Rises on National Expansion

PNC Financial Services Group recorded higher revenue, but came in short of Wall Street's estimates, as profit was dented by $36 million in integration costs tied to its acquisition of FirstBank.

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Rising Rates Threaten Wall Street's Golden Goose in Trading

Weak bond markets undermine what had been a strength for big banks.

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Charles Schwab Shares Fall Despite Earnings Beat and Jump in New Assets

The company's third-quarter earnings showed clients were taking out loans and adding funds to their investment accounts.

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Liberty Mutual Investments, Elda River Form $500 Million Energy Strategy

The credit partnership is the latest in a series of deals the investment arm of insurer Liberty Mutual has made with energy-focused investment firms.

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New Private-Equity Firm Specializes in Giving Companies AI Glow-Ups

Aldaron, with co-founders coming from Palantir and Carlyle, recently closed its debut fund and made its first investment.

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Financial Services Roundup: Market Talk

Find insight on AMP, Bank of Communications, Intercontinental Exchange and more in the latest Market Talks covering Financial Services.

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He Crafted a Crypto Law for Trump-as His Company Got Millions From a Crypto Giant

Money from Tether flowed to Nxum while Bo Hines worked in the White House on landmark stablecoin legislation. Once the law passed, Tether hired him as its U.S. chief.

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A Swiss Banking Giant Thinks the Unthinkable: Moving Out of Switzerland

The bank has received approaches from potential U.S. deal partners as it publicly spars with Swiss politicians over substantially higher capital requirements.

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Bank of America's $1.2 Billion Problem Doesn't End With Its Consent Order

The nation's second-largest bank must regain credibility with investors after paying a massive fine for not complying with laws meant to prevent financial crimes.

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Merrill Lynch's Fee-Based Advisory Assets Just Hit a Record $1.9 Trillion

The wealth division of Bank of America reported strong third-quarter results amid a challenging period for the parent company.

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Wall Street Worries Bank of America's Problems Will Linger

Weak earnings coupled with a fine has analysts pressing executives about whether there is more pain to come.

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Debanking Probe Finds JPMorgan, Banks Cut Off MAGA Sellers and Democrat Groups

An investigation by a Trump regulator detailed examples of businesses and individuals getting shut out by the nation's biggest banks.

(END) Dow Jones Newswires

October 15, 2026 11:00 ET (15:00 GMT)