News Highlights: Top Financial Services News of the Day - Tuesday at 11 AM ET

Fed Prepares to Lower Rates, With Size of First Cut in Doubt 
 

The central bank usually prefers to move in increments of a quarter point. This time, it's complicated.

 
Carlyle Targets Home-Equity Deals With Stake in Unison 
 

The deal further expands Carlyle's push into asset-based finance.

 
Berkshire Hathaway Has Raised Over $100 Billion This Year. Its Hoard Could Hit $300 Billion This Quarter. 
 

Berkshire's cash position has been buttressed by sales from its equity portfolio, strong earnings, and diminishing stock-repurchase activity.

 
SEB Appoints Chief Operating Officer, Makes Other Organizational Changes 
 

The Sweden-based bank, which is consolidating its wealth and asset-management operations, said Jonas Ahlstrom, currently head of the large corporates & financial institutions, was appointed COO and deputy chief executive.

 
Financial Services Roundup: Market Talk 
 

Worldline, Banco de Sabadell and more in the latest Market Talks covering Financial Services.

 
Charles Schwab's stock rises on uptick in August activity 
 

Charles Schwab expects third-quarter results to finish in line with its July business update, with revenue up 2% to 3% from the previous quarter.

 
Icahn Enterprises Says Suit Linked to Short-Seller Report Dismissed 
 

Icahn Enterprises said a judge dismissed a proposed class-action lawsuit against the company and some of its directors.

 
Analysis: Size of Fed Rate Cut Likely to Jolt Bond Markets Beyond U.S. 
 

The Federal Reserve could derail bond rallies in the U.S. and the eurozone if the central bank starts monetary easing with a hawkish tone.

 
Fed Enters Tricky Terrain: Rate Cuts in a Decent Economy 
 

Credit cards, mortgages and savings will be affected when the Federal Reserve makes its expected rate cut. The question this time is how, exactly.

 
Junk Bonds Tend to Struggle in September. This Year Looks Different. 
 

Junk bonds are turning out to be winners this year.

(END) Dow Jones Newswires

September 17, 2024 11:15 ET (15:15 GMT)

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