Dow Jones Top Financial Services Headlines at 4 PM ET: Wall Street Bonuses Are Expected to Hit Another High This Year | Fintech ...

Dow Jones2026/10/06 20:00

Wall Street Bonuses Are Expected to Hit Another High This Year New York reports that the industry is now on pace for $90 billion in profits this year, leading to higher compensation. ---- Fintech Plaid Bets on Credit Scores to Fuel Next Phase of Growth EXCLUSIVE: Plaid is doubling down on its credit-scoring business with new AI models as the company aims to chart its next era of growth with a suite of products beyond its core business. ---- Companies Raise More Than $1 Trillion in Equity Markets, But AI, Bond Yields Sour Mood Markets had been expecting a bumper quarter following an ebullient start to the year crowned by SpaceX's record-breaking IPO. ---- Forbion Raises $2.6 Billion in Boost to European Biotech Industry Dutch haul comes despite European drugmakers and investors warning the region is losing ground. ---- Hackers Use Chinese AI Tool to Hit South Korean Banks, Exposing New Risk The attacks were the latest to highlight the vulnerability of even hardened targets to hackers using freely available artificial-intelligence tools. ---- Financial Services Roundup: Market Talk Find insight on Banco Santander, AIA, United Overseas Bank and more in the latest Market Talks covering Financial Services. ---- 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. ---- NYSE Owner Launches Gold Futures in London The contract began trading Monday alongside new futures for silver, platinum and palladium. ---- Dan Ives Launches Another AI Fund Amid Conflict of Interest Questions A new closed-end fund carrying Dan Ives' name seizes on the analyst's reputation as one of Wall Street's most visible tech and AI optimists. ---- 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

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