Dow Jones Top Financial Services Headlines at 4 PM ET: Fed's Barkin Says Iran War Is Raising Economic Uncertainty | Advent ...

Dow Jones03-28 04:00

Fed's Barkin Says Iran War Is Raising Economic Uncertainty

The Richmond Fed president said holding interest rates steady in March was the right move amid a long stretch of elevated uncertainty.

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Advent Weighing Expansion Routes for Share-Registry Provider

Advent International is in talks to expand Australian share-registry provider Automic overseas, with the U.S. private-equity firm weighing options including potential acquisitions.

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CrossCountry Mortgage to Acquire Two Harbors

Two Harbors Investment accepted an improved acquisition bid from CrossCountry Mortgage, backing out of its previous merger agreement with UWM Holdings.

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FTSE Russell Lowers Free-Float Minimum in U.K. for International Firms

The change is intended to make the indices more representative of the real economic exposure they are designed to measure, the index provider said.

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Santander Flags Strong First Quarter, Sticks to Targets

The bank backed its targets despite increasing global economic uncertainty, with Chair Ana Botin saying its geographic diversification mitigates risk by reducing volatility.

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The Private-Credit Industry's Trouble: Surging Redemptions, Slower Fundraising

Investors are debating what the data shows about the health of private credit.

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Wall Street Pays Out Record Bonuses, Nearing $250,000 on Average

The payouts, a key source of tax revenue, were well short of what New York City officials had budgeted for.

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Financial Services Roundup: Market Talk

Find insight on Bank of Montreal, Singapore's central bank and more in the latest Market Talks covering financial services.

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FTC Issues Warnings to Payment Processors Against 'Debanking'

Mastercard, Visa, PayPal and Stripe received letters warning them against denying customers access to financial services due to their political or religious views.

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Fannie Mae to Accept Crypto-Backed Mortgages for the First Time

The new offering from Better Home & Finance and Coinbase allows home buyers to pledge bitcoin and other cryptocurrencies when making a down payment.

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Corebridge Financial, Equitable Holdings to Merge

Corebridge Financial and Equitable Holdings agreed to merge in an all-stock deal that values the combined company at $22 billion.

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U.S., European Government-Bond Yields Rise as Inflation Worries Resurface

Doubts about a near-term resolution to the Middle East war have reignited concerns about inflation and prospects of interest-rate hikes.

 

(END) Dow Jones Newswires

March 27, 2026 16:00 ET (20:00 GMT)

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