Dow Jones Top Financial Services Headlines at 7 AM ET: Revolut Reports Jump in Profit on Higher Customer Numbers | Apollo ...

Dow Jones03-24

Revolut Reports Jump in Profit on Higher Customer Numbers

The digital bank said its expanding customer base and diversified revenue streams lifted pretax profit to £1.7 billion in 2025, up from £1.1 billion the year prior.

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Apollo to Acquire Nippon Sheet Glass in $3.7 Billion Deal

The deal is Apollo Global Management's largest private-equity investment in Japan to date.

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Berkshire's New Partner Tokio Marine Dominates Japan's Insurance Industry

Tokio Marine is a top 10 non-life insurer by market value globally behind companies such as Chubb, Progressive and Allianz.

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Exor Swings to Net Loss as Listed Companies Hurt Results

The holding company of Italy's Agnelli family has suffered from poor performances at some of its largest listed companies, including Stellantis.

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Victory Capital Rejects Reports of Client Pushback in Bid for Janus Henderson

Victory Capital Holdings pushed back against reports that major clients are uneasy with its bid for Janus Henderson, calling the claims misleading and part of an effort to undermine what it calls a superior offer.

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Big Banks Are Playing Both Sides of the Private Credit Meltdown

Private credit funds' exposure to software has come back to bite them, presenting new risks and opportunities for banks.

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Private Credit 'Spreads' Are Narrowing. Outflows May Be a Good Thing

Less money is competing for a declining number of deals.

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Fed's Miran Still Backs Rate Cuts Despite Surging Oil Prices

Federal Reserve Gov. Stephen Miran reaffirmed his preference for four interest rate cuts this year in support of the labor market despite rising oil prices.

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Bank of Canada to Lose Two Members of Rate-Setting Governing Council

Rhys Mendes and Sharon Kozicki are departing as deputy governors of the seven-member governing council.

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Bank of Canada Speech Takes on Heightened Importance Amid Rapid Turn in Rate Expectations

Carolyn Rogers, the Bank of Canada's No. 2 official, may either rebut or buttress traders' expectations for at least three interest-rate increases in 2026.

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Mario Gabelli Hospitalized After Medical Incident

Gabelli Funds said the billionaire investor's "condition is improving and he is on the road to recovery."

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Polish Inflation Holding Near Target Despite Iran War, Gov. Glapinski Says

EXCLUSIVE: As investors jettisoned expectations for rate cuts in Europe following the outbreak of war in Iran, the National Bank of Poland lowered borrowing costs, underscoring its confidence inflation will remain contained.

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The Banner Year for International Stocks Has Stalled Before It Even Began

The Iran war has investors rethinking a rush out of U.S. stocks into overseas markets.

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Berkshire Hathaway to Acquire $1.8 Billion Stake in Japan's Tokio Marine

Warren Buffett's Berkshire Hathaway plans to acquire a 2.5% stake in Tokio Marine for $1.8 billion as part of a strategic partnership.

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War and Inflation Are Supposed to Be Gold's Friends. Not This Time.

Investors would have been better off in the tiniest microcap stocks than in the oldest source of safety.

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How Stagflation Puts Banks in a Vise

Elevated inflation and slowing growth are a poor combination for bank stocks.

 

(END) Dow Jones Newswires

March 24, 2026 07:00 ET (11:00 GMT)

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