Dow Jones Top Financial Services Headlines at 4 PM ET: Your 'Cheap' ETF Costs More Than You Think | Travelers ...
Dow Jones2026/10/16 20:00Your 'Cheap' ETF Costs More Than You Think
The costs of many popular funds have barely budged even though assets have soared.
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Travelers Profit Ticks Up on Investment Gains
Travelers reported higher quarterly profit, despite roughly flat revenue, helped by investment gains.
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Regions Financial Posts Higher Profit, Revenue
The Regions Bank parent posted net interest income growth of 3.3% to $1.3 billion, driven in part by fixed-rate asset turnover.
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High Rates Have Upturned How Moody's Looks at Credit Risk, Chief Credit Officer Says
Leverage matters more now because interest costs are rising, said Atsi Sheth, the ratings company's chief credit officer.
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Indonesia Stocks Log Worst Day Since 1998 on MSCI Downgrade Warning
Indonesian stocks suffered their steepest drop since the Asian financial crisis in 1998 after index provider MSCI warned the country risked being removed from its indexes.
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Financial Services Roundup: Market Talk
Find insight on Wise Group, Ethereum, banking stocks and more in the latest Market Talks covering Financial Services.
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Bank of New York Logs Higher Profit But Flags Market Volatility
Bank of New York Mellon recorded third-quarter growth with a hint of caution, as falling stocks in recent days have put up a few red flags.
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A Global Spending Boom Bodes Well for Europe, Asia, Says KKR's McVey. It Isn't Just AI.
India, Japan, and Poland are just some of the markets that will benefit as companies pursue the "security of everything," says Henry McVey, head of global macro and asset allocation at KKR.
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PNC Revenue Rises on National Expansion
PNC Financial Services Group recorded higher revenue, but came in short of Wall Street's estimates, as profit was dented by $36 million in integration costs tied to its acquisition of FirstBank.
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Mark Walter Probe Dings a Guggenheim Funding Machine That Powers Wall Street
Customers are shying away from doing business with a unit in Mark Walter's empire.
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Interactive Brokers' Profit Climbs, but Customer Stock Trading Slows
Customer trading in futures rise, but stock and options trading volume falls, the brokerage says in its third-quarter report.
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Wells Fargo, Merrill Lynch to Pay $4.4 Million for Alleged Commission Overcharges
Wells Fargo is on the hook for the lion's share of the fine levied by eight states.
(END) Dow Jones Newswires
October 16, 2026 16:00 ET (20:00 GMT)
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