News Highlights: Top Financial Services News of the Day - Monday at 7 AM ET

Dow Jones
Yesterday
 
What the Dot-Com Bust Can Tell Us About Today's AI Boom 
 

This week marks the 25th anniversary of the Nasdaq peak, but all wasn't lost in the ensuing downturn.

 
Made-in-U.S.A. Lumber Futures Are Coming to Wall Street 
 

Southern yellow pine futures will begin trading later this month as prices split from those of Canadian lumber.

 
Swiss Bank J. Safra Sarasin to Buy Majority Stake in Saxo Bank For $1.2 Billion 
 

The deal concludes a months-long process to find a new owner for the Danish online trading and investment provider.

 
Financial Services Roundup: Market Talk 
 

Find insight on Commonwealth Bank of Australia, Malaysian banks and more in the latest Market Talks covering financial services.

 
How European Defense Stocks Became a Hedge-Fund Home Run 
 

Drastic shifts in the global security environment have sparked a sector rally.

 
Hedge Fund Millennium Puts Up an Uncharacteristic Loss in February 
 

A pair of Millennium portfolio managers and their teams lost about $900 million on index-rebalancing trades.

 
Robinhood to Pay $30 Million for Regulatory Violations, Finra Says 
 

The regulator said Robinhood had violated "numerous" rules, including failing to respond to red flags for potential misconduct.

 
Global Insurer Allianz in Talks for $3 Billion-Plus Viridium Deal 
 

Germany's Allianz is in exclusive talks to acquire Viridium, a consolidator of closed books of insurance policies, in a deal that would bolster its domestic operations.

 
Tariff Fights Keep the Fed in a Holding Pattern on Rates 
 

Fed Chair Jerome Powell says central bank positioned "to wait for greater clarity" on economic outlook.

 
Private Equity Wants a Piece of Your 401(k) 
 

Companies like Apollo and KKR are angling for retirement savers with new funds. Investors in 401(k)s should be wary.

 
 

(END) Dow Jones Newswires

March 10, 2025 07:00 ET (11:00 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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