Net-Zero Banking Alliance Suspends Activities Amid Wave of Departures
Banks including JPMorgan, Citi and UBS left the NZBA in the past year as they faced pressure from the Trump administration to ditch green pledges.
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Royal Bank of Canada Third-Quarter Results Buoyed by Lower Loan-Loss Provision
The country’s largest lender posted a net income of $3.91 billion, beating expectations, and saw growth across its major segments.
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Sompo Holdings to Buy Aspen Insurance for $3.5 Billion
Buyout firm Apollo Global Management owns more than 80% of the publicly traded insurer.
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GTCR Acquires Innovative Systems in Rural Broadband Push
Comcast veteran Scott Alcott will lead the company as chief executive.
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GDEV Management Raises Its Bets on Battery and EVs With $200 Million Fund
The firm, which backs developers of local clean-energy infrastructure, has fully committed its latest fund across seven businesses.
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Financial Services Roundup: Market Talk
Find insight on the U.S. housing market, French banks and more in the latest Market Talks covering financial services..
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Prudential PLC’s First-Half Results Beat Consensus Estimates
The insurance-and-investment company logged a higher profit in the first half of the year, beating consensus projections across its financial results.
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JPMorgan, Already No. 1 in Card Spending, Wants Even More
The bank is growing its card business fast, tapping its unique advantages.
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Trump’s Media Company Launches New Business to Buy Billions in Niche Crypto Coin
Trump Media said it will partner with Crypto.com, a trading platform for digital assets, to create a new company that will hold CRO tokens.
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Bank of Canada’s Policy-Framework Review Won’t Revisit Inflation Target
Gov. Tiff Macklem says the 2% target ‘has proven its worth in achieving price stability over time.’
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France PM’s Confidence Vote Rattles Markets, Sinks Bank Stocks
Financial markets were now recognizing the looming challenges for the EU’s second-largest economy and the CAC index shed around 2% in early trading.
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Interactive Brokers to Join S&P 500 This Week
The stock will replace Walgreens Boots Alliance, which is being acquired by Sycamore Partners in a deal expected to be completed soon.
(END) Dow Jones Newswires
August 28, 2025 00:15 ET (04:15 GMT)
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