Fed Again Eases Terms for Main Street Lending Program
The Federal Reserve announced its latest round of changes to boost participation in its $600 billion lending effort targeting small and midsize businesses.
Credit Karma in Talks to Sell Tax-Preparation Business to Square
The personal-finance portal's deal could head off potential antitrust objections to its pending $7.1 billion sale to TurboTax maker Intuit.
Australia's AMP Gets Takeover Proposal From Ares Management
Australian financial services company AMP Ltd. said it had received a takeover proposal from U.S.-based Ares Management Corp. and had opened discussions, without saying what a potential bid could be worth.
KKR's Profit Tops $1 Billion
The firm posted a big jump in third-quarter profit as the value of its private-equity portfolio surged.
Vistria Group Turns to Portfolio Companies in the Fight for Racial Equality
Vistria Group is turning to its own portfolio in the quest to address racial inequality after the killing of George Floyd while in police custody and the coronavirus pandemic reignited national debate around racial equality.
Ant IPO Sets Off $3 Trillion Scramble Among Small Investors
More than five million individual investors lined up for the Shanghai segment of financial-technology giant Ant's IPO, placing orders that exceeded the shares reserved for small investors more than 870 times.
UK Banks Can't Celebrate Despite Strong Results
NatWest, Lloyds, Barclays and HSBC all booked lower provisions than forecast but warned of uncertainty from the coronavirus pandemic.
Swiss Re Swings to Loss
Swiss Re reported a loss for the first nine months of the year as coronavirus-related reserves and claims weighed on its earnings.
Financial Services Roundup: Market Talk
The latest Market Talks covering Financial Services
ECB Signals Further Stimulus Ahead
The European Central Bank intends to scale up its support of the eurozone's economy in December, seeking to cushion the region from fallout of a new wave of coronavirus infections that threatens the currency area anew.
(END) Dow Jones Newswires
10-30-20 1615ET
