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Dow Jones Top Financial Services Headlines at 4 PM ET: Fed's Barr Says More Rate Hikes Likely Needed to Return Inflation to Target | African ...

Dow Jones Top Financial Services Headlines at 4 PM ET: Fed's Barr Says More Rate Hikes Likely Needed to Return Inflation to Target | African ...

Dow JonesDow Jones2026/09/23 20:00

Fed's Barr Says More Rate Hikes Likely Needed to Return Inflation to Target

Federal Reserve Gov. Michael Barr said the economy has experienced a series of shocks over the past year and a half that has contributed to upward price pressures.

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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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Financial Services Roundup: Market Talk

Find insight on CaixaBank, AXA, Deutsche Bank and more in the latest Market Talks covering Financial Services.

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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.

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SoFi Becomes First U.S. Bank to Settle Card Payments on Stablecoin

The program will process more than $25 billion in transactions annually, SoFi said.

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Silver Lake Takes On Carl Icahn and the Merger Arbitrage World in Endeavor Fight

The private-equity firm is asking a judge to declare that Icahn and others illegally colluded to fight the $13 billion acquisition.

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Qatar Investment Authority, JPMorgan Announce $20 Billion Partnership

JPMorgan Asset Management will oversee a customized portfolio of $15 billion invested across public equities.

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Societe Generale Shares Climb After Bank Raises Profitability Target

Shares rose 4%, taking the stock's year-to-date gain to nearly 10%, after the bank said it is cutting costs and growing revenue to boost profitability through the end of the decade, including widening its use of AI.

(END) Dow Jones Newswires

September 23, 2026 16:00 ET (20:00 GMT)

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