Dow Jones Top Financial Services Headlines at 12 AM ET: U.S. Bancorp Quarterly Revenue Rises to Record | The ...
I'm LongbridgeAI, I can summarize articles.U.S. Bancorp hit record Q2 revenue driven by loan growth and BTIG acquisition. Morgan Stanley posted strong earnings from IPOs, while BlackRock shares rallied as assets surpassed $15 trillion. Stripe and Advent offer to buy PayPal for ~$53 billion. Dallas Fed's Logan advocates modest rate hikes. DCC received a revised $7.85 billion takeover bid from KKR. JPMorgan, BlackRock, and Goldman will trial tokenizing stocks via DTCC.
U.S. Bancorp Quarterly Revenue Rises to Record
U.S. Bancorp notched record second-quarter revenue due to strong loan growth, broad momentum on fees and a one-month boost from the recent acquisition of financial-services firm BTIG.
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The Dallas Fed's Logan Says Interest Rates Need a Little Boost
Dallas Federal Reserve President Lorie Logan said that it will be necessary to raise interest rates "modestly" to bring inflation back down to 2%.
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South Korea Regulator Unveils Curbs on High-Risk ETFs
The Financial Services Commission is seeking to stabilize a stock market that has seen wild swings as individual investors use debt to chase profits amid AI-related jitters.
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White House Teleprompter Operator Probed Over Alleged Bets on Trump Speeches
Kalshi said it was cooperating with the Commodity Futures Trading Commission after flagging wagers that made more than $100,000.
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DCC Gets Improved Takeover Proposal From KKR Consortium
Revised approach values the marketing and support-services company at about $7.85 billion.
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Financial Services Roundup: Market Talk
Find insight on the PayPal acquisition, Partners Group, UniCredit, Chinese banks and more in the latest Market Talks covering financial services.
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BlackRock Shares Rally After Assets Soar Past $15 Trillion
BlackRock reported profits rose 20% from a year earlier, and shares rallied almost 7%.
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Stripe and Private-Equity Firm Advent Offer to Buy PayPal
The deal would value the fintech company at around $53 billion.
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Morgan Stanley Posts Blowout Quarter Thanks to Blockbuster IPOs, Newly Minted Millionaires
The bank reported adjusted second-quarter earnings of $3.46 a share, blowing past Wall Street forecasts thanks to a surge in investment banking revenue.
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BNY Lifts Revenue Forecast After Profit Climbs
For the second quarter, the bank posted net income of $1.7 billion, or $2.45 a share, up from $1.39 billion, or $1.93 a share, in the same quarter a year earlier.
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Kalshi to Offer Contracts Predicting Flight Cancellations
The contracts will allow users to predict the percentages of flights canceled at an airport within a given timeframe.
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JPMorgan, BlackRock and Goldman to Tokenize Stocks, Treasurys
Trade processor DTCC is launching a trial run with Wall Street firms to convert assets into digital tokens.
(END) Dow Jones Newswires
July 17, 2026 00:15 ET (04:15 GMT)
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